Student loan interest is like 6% cry me a river
Wtf do you expect to happen when you defer payments?
Student loan interest is like 6% cry me a river
Wtf do you expect to happen when you defer payments?
Last edited by Swstock; 10-18-21 at 20:15.
Their kids also took out student loans themselves. Lot of debt in that family.
Looks like they took out Parent Plus loans and their daughters took out loans.
Plus deffering payments , it only 5th grade math that will tell what is going to happen.
Sent from my SM-G991U1 using Tapatalk
The price of liberty is, always has been, and always will be blood: The person who is not willing to die for his liberty has already lost it to the first scoundrel who is willing to risk dying to violate that person's liberty! Are you free?
--- Andrew Ford
I cannot fathom why parents take out loans for their children. I also cannot fathom how you can't suck it up and pay down your loans. Don't make babies, buy houses and new cars if your debts aren't under control. While it was not student loans, I have paid off massive amounts of money over the years to get my business going and it takes commitment.
The price of liberty is, always has been, and always will be blood: The person who is not willing to die for his liberty has already lost it to the first scoundrel who is willing to risk dying to violate that person's liberty! Are you free?
--- Andrew Ford
Force colleges to have some skin in the game (i.e. pay the interest if graduates of their programs are actively collecting unemployment), and you'll see the useless degree programs vanish overnight.
The loan repayment options are actually pretty excellent, and ISA's are already starting to be a much more popular option & should be more common (but aren't because of how much federal subsidy gets dumped on to that)
عندما تصبح الأسلحة محظورة, قد يملكون حظرون عندهم فقط
کله چی سلاح منع شوی دی، یوازي غلوونکۍ یی به درلود
Semper Fi
"Being able to do the basics, on demand, takes practice. " - Sinister
So as a baseline, if you can't do the math on your proposed student loan, nobody should hire you for anything.
It's hard to be a ACLU hating, philosophically Libertarian, socially liberal, fiscally conservative, scientifically grounded, agnostic, porn admiring gun owner who believes in self determination.
Chuck, we miss ya man.
كافر
I agree with everything said here and have no student loans but cannot ignore how and why laws were changed to allow for easier to get and harder to discharge loans for 18yr old children. Many of which literally have no clue in our newly created (since the 50's) naive extended adolescence world. I was the clueless recipient of college aimed credit cards in the late 80's and those caused enough grief for stupid 18yr old me.
I don't think paying them all off is the answer, but looking into all the causes of the actual situation might help. Why did they need a law change in banking practices which supposedly kept both lenders and lendees in balance before this?
Dennis.
Sent from my SM-N975U using Tapatalk
Bookmarks