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re: "Travel enthusiast” is grateful his student loans are forgiven
Posted on 4/14/24 at 8:46 am to stout
Posted on 4/14/24 at 8:46 am to stout
As someone who paid off 90+ k in 2.5 years because I didn’t want that shite hanging over me I fricking hate stories like this. Paying that money down was like a drug for my wife and I when we first got married. Made us prioritize stuff and gave us a tremendous sense of accomplishment when we did. Made all the subsequent purchases like a new car, house feel all the more rewarding as well.
1
Posted on 4/14/24 at 8:48 am to WaydownSouth
quote:
Thanks to the save plan I'll be paying $400 instead of $1000 a month for another 5 years and will qualify for the same. 100k of my debt will be distributed among all taxpayers if approved.
I fixed it for you
Posted on 4/14/24 at 8:48 am to stout
quote:
10 years is far too short of a time to earn a little less to get $200K forgiven.
You don't know what field I'm in friend.
quote:
I bet you look down on people using LA purchase cards, though.
A lot of assumptions here. I have no problem with people using LA purchase cards when they need them.
Posted on 4/14/24 at 8:49 am to St Augustine
There’s programs out there to help people like teachers and doctors that work public service and government jobs that supposedly pay less, afford their education.
Now, we sure as hell shouldn’t be paying Ivy League loans off for a teaching degree they could have gotten at the local directional school. But that’s a different argument.
What someone’s hobby is on the weekend is irrelevant to their day job. But whatever floats your boat to complain about I guess.
Now, we sure as hell shouldn’t be paying Ivy League loans off for a teaching degree they could have gotten at the local directional school. But that’s a different argument.
What someone’s hobby is on the weekend is irrelevant to their day job. But whatever floats your boat to complain about I guess.
Posted on 4/14/24 at 8:50 am to gasbaw
quote:
10 years is far too short of a time to earn a little less to get $200K forgiven. You don't know what field I'm in friend.
Why does that matter? If you are in a field that costs a lot it likely pays extremely well at some point.
If it doesn’t pay well, that was your own ignorant decision.
Posted on 4/14/24 at 8:51 am to stout
Colin needs to get arse raped
Posted on 4/14/24 at 8:52 am to baldona
Instead of putting the burden of these student loans on the tax payer, the money to cover these loans should come from university endowments. Harvard alone has right at $50 billion. Colleges are the ones who profit from these student loans, not the American taxpayers.
Posted on 4/14/24 at 8:52 am to stout
Wonder how happy the taxpayers are that subsidize this POS
Posted on 4/14/24 at 8:52 am to GatorPA84
quote:
Colin needs to get arse raped
I’d be willing to bet he does on a regular basis and likes it.
Posted on 4/14/24 at 8:53 am to gasbaw
quote:
You don't know what field I'm in friend.
That doesn't matter. You knowingly signed up for something to pass your financial obligations onto others. $200k forgiven for 10 years means you probably really didn't even take that much of a pay cut.
Posted on 4/14/24 at 8:54 am to stout
quote:
10 years is far too short of a time to earn a little less to get $200K forgiven
I don’t disagree with you. But my problem is with the law/program, not the people following it.
Posted on 4/14/24 at 8:55 am to Darth_Vader
I agree that the loan forgiveness is a bandaid to the real problem. College tuition continues to rise and should be regulated.
Posted on 4/14/24 at 8:56 am to stout
quote:You just described insurance.
You knowingly signed up for something to pass your financial obligations onto others.
Posted on 4/14/24 at 8:58 am to baldona
quote:
There’s programs out there to help people like teachers and doctors that work public service and government jobs that supposedly pay less, afford their education.
But after only 10 years they can pursue higher-paying jobs with a free education so it's a never-ending cycle of people leaving after 10 years which means this is a never-ending burden.
Sounds like these people should look into the GI Bill instead.
quote:
What someone’s hobby is on the weekend is irrelevant to their day job. But whatever floats your boat to complain about I guess.
He gets to travel more now that he passed his financial obligations off to everyone else. Yay!
This post was edited on 4/14/24 at 9:00 am
Posted on 4/14/24 at 8:59 am to WaydownSouth
quote:
100k gone if approved.
You are welcome. I’m writing a huge fricking check to the government tomorrow to pay your debt.
Posted on 4/14/24 at 8:59 am to Gravitiger
quote:
You just described insurance.
That's a hell of a stretch, pal.
Posted on 4/14/24 at 9:01 am to WaydownSouth
quote:
Melt. Thanks to the save plan I'll be paying $400 instead of $1000 a month for another 5 years and will qualify for the same. 100k gone if approved.
Congrats on winning at socialist plinko. My wife worked for two decades teaching deaf kids with all sorts of issues, for nonprofits. Because she followed the gov advice and consolidated grad and undergrad loans in early 2000s she didn’t qualify for any forgiveness.
They finally changed it when she owed less than $2,000.
Arbitrary and capricious bureaucratic bullshite.
Had I started paying law and grad school loans a year earlier I’d qualify under the new 20 year rule (I deferred during 08 meltdown and during illness then consolidated into direct fed loan during COVID to pause payments interest free—these are the games we play in these systems), I’d get “forgiveness.”
Plinko chip hit the wrong tine, so no soup for me.
Oh and GFY.
Posted on 4/14/24 at 9:01 am to stout
(no message)
This post was edited on 4/14/24 at 9:03 am
Posted on 4/14/24 at 9:02 am to auwaterfowler
quote:
Unfortunately, pharmacy school is expensive as frick and it’s not uncommon for some to graduate with over $200k of debt.
Well then tough shite. Maybe they should have gone to trade school. No one forced them to go into debt to “follow their dream.
Posted on 4/14/24 at 9:07 am to DeltaTigerDelta
quote:
Well then tough shite. Maybe they should have gone to trade school.
Oh for Christ’s sake.
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