- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Your stance on student loans?
Posted on 9/15/16 at 9:17 pm to schwartzy
Posted on 9/15/16 at 9:17 pm to schwartzy
My personal stance toward all loans is to kill them all with fire.
That said, get out of school with as little debt as possible while getting the most enviable degree possible. For me it was engineering at a cheap state school while working full-time cutting concrete.
Still proud to say I graduated with two degrees with under $11k in total debt. It's still possible to get out alive without debt up to your eyeballs if you do the hustle.
That said, get out of school with as little debt as possible while getting the most enviable degree possible. For me it was engineering at a cheap state school while working full-time cutting concrete.
Still proud to say I graduated with two degrees with under $11k in total debt. It's still possible to get out alive without debt up to your eyeballs if you do the hustle.
This post was edited on 9/15/16 at 10:42 pm
1
Posted on 9/15/16 at 9:34 pm to NYNolaguy1
quote:
My personal stance toward all loans is to kill them all with fire.
So you support socialized/free education? That's the only way that most could afford higher Ed without loans.
Man, the big apple has changed you since we were kids.
Posted on 9/15/16 at 9:53 pm to TIGERSandFROGS
quote:
So you support socialized/free education? That's the only way that most
. I am not most. 
Posted on 9/15/16 at 9:55 pm to schwartzy
You want the easy way to get rid of it?
Get an emergency teaching license in MS and teach Bio I at a critical shortage area in the MS Delta for three years while you take two grad courses to get an alternate route license. You can work on a separate masters at the same time. It'll cost you three years of your life, but you'll walk away debt free. They even throw in discounted housing while you're there for your trouble.
You'll have access to some of the best hunting in the South, too, while you're there. Just a thought.
Get an emergency teaching license in MS and teach Bio I at a critical shortage area in the MS Delta for three years while you take two grad courses to get an alternate route license. You can work on a separate masters at the same time. It'll cost you three years of your life, but you'll walk away debt free. They even throw in discounted housing while you're there for your trouble.
You'll have access to some of the best hunting in the South, too, while you're there. Just a thought.
Posted on 9/15/16 at 10:02 pm to TheOcean
quote:
Back in my day I worked all summer flipping burgers to pay for my entire years tuition. Youngsters now a days are just lazy fricks
Posted on 9/15/16 at 10:05 pm to schwartzy
Join the Army. It'll pay off your student loans and you get to kill terrorists and slay some split tail.
Posted on 9/15/16 at 10:07 pm to schwartzy
You should check out the Money Board. There's a lot of threads on there about student loans.
Posted on 9/15/16 at 10:29 pm to schwartzy
the next big bubble
Posted on 9/15/16 at 10:35 pm to schwartzy
You can work at a place for the needy that is a part of the natioNal Heath service corps or something like that and they'll pay off your medical school loan in full. There are a few places here that do that. Mostly in the government. The commitment is only three years.
Posted on 9/15/16 at 10:47 pm to Breesus
quote:
Paying the max amount as soon as you can is literally throwing money in the toilet
I took the opportunity when I graduated, knowing it was probably the point in my life where I would have the least amount of bills pre house/car/children, to pay extra on the loans. The 6.5% interest I was paying was literally throwing money in the toilet.
Posted on 9/15/16 at 11:38 pm to schwartzy
What the hell is going on here?
I thought parents were supposed to handle all undergrad bills plus Greek life. Tuition, room & board, books, dues and spending money.
How does this happen that you have undergrad student debt???
Do your parents not love you?
ETA: Plus unlimited plan iPhone, car, insurance, gas and upkeep.
I thought parents were supposed to handle all undergrad bills plus Greek life. Tuition, room & board, books, dues and spending money.
How does this happen that you have undergrad student debt???
Do your parents not love you?
ETA: Plus unlimited plan iPhone, car, insurance, gas and upkeep.
This post was edited on 9/15/16 at 11:40 pm
Posted on 9/15/16 at 11:42 pm to schwartzy
I went to SLU, didn't finish as I had to drop out to support my parents. At that time, college was CHEAP! I had a scholarship that paid half and I worked to pay the other half due as I never got a loan. But as I have told everyone I know whose in high school, you have to do everything in your power to do good enough to get a scholarship as college costs are beyond insane today. For those who can't, they need to take the minimum number of classes that they can so they can also work full time. College before long will become unaffordable to damn near anyone who isn't wealthy.
Posted on 9/15/16 at 11:52 pm to schwartzy
My bro-in-law finished med school with $230k in loans. Got a job making about $500k/yr and paid off the loans in less than 12 months.
Posted on 9/15/16 at 11:55 pm to schwartzy
quote:
Eta- I come from an upper middle class family, but my parents won't be helping me after undergrad, which I understand
If you're parents are truly Upper Middle Class, they will:
a)Love you regardless, but the fact you got a crap job out of college won't change that opinion.
b)Love you regardless, but are a little annoyed to pay a school for another 1-2 years
c)Curse you for being a shite child.
Choice depends on your parents
Posted on 9/16/16 at 12:08 am to schwartzy
First things first, do you have the grades to get into med school?
Next, have you done any internships? What would you like to? Do you see yourself pursuing a trade rather than school post-graduation?
Loans suck but they aren't a deal breaker for a driven individual who's truly trying to make his own path. There is such a thing as taking loans enough to cover the cost of school but working to cover the cost of living.
My advice is take something by the horns and do it right. Get started working somewhere until you find an angle you like and can exploit. Believe it or not, that's how every successful person I know who's not an MD or lawyer has found their way in life. FFS, I'm 42 years old and make a nice living but I still wonder sometimes what I want to do when I grow up. Not a single person graduates with some clear path to getting rich. Start studying or start working, it's as easy as that.
Next, have you done any internships? What would you like to? Do you see yourself pursuing a trade rather than school post-graduation?
Loans suck but they aren't a deal breaker for a driven individual who's truly trying to make his own path. There is such a thing as taking loans enough to cover the cost of school but working to cover the cost of living.
My advice is take something by the horns and do it right. Get started working somewhere until you find an angle you like and can exploit. Believe it or not, that's how every successful person I know who's not an MD or lawyer has found their way in life. FFS, I'm 42 years old and make a nice living but I still wonder sometimes what I want to do when I grow up. Not a single person graduates with some clear path to getting rich. Start studying or start working, it's as easy as that.
Posted on 9/16/16 at 12:48 am to schwartzy
I got a 25% academic scholarship to TCU and took it because I was also offered a walk on spot for football. So I had to borrow the remaining 75%, well over $130,000.
Still paying it off today. No regrets. I could have gone to a cheaper state school and still gotten a scholarship but as a 17 year old of course all I could think about was playing football at the next level.
I put all my disposable income every month towards them. Hoping to have them all paid off by 2023. It's a lot of sacrificing, I never have money to do anything fun or buy anything. My vacation to Las Vegas a couple weeks ago was pretty much the result of socking away $100 a month for a year. That's about all the dispoasable income I have spent on myself in the past year.
Main issue is that it took me a while to find myself after graduating. My major is fun and the jobs I do are fun but the pay isn't great(Radio and TV). I am hoping my next job pays well enough combined with being in a much lower cost of living city than Seattle will allow me to bust through my goal even quicker.
I regret nothing. I also can't stand people who want the government to step in to pay their loans. You made the decision to take them out. Own up and take responsibility. If I can make sacrifices to pay them back so can you.
Still paying it off today. No regrets. I could have gone to a cheaper state school and still gotten a scholarship but as a 17 year old of course all I could think about was playing football at the next level.
I put all my disposable income every month towards them. Hoping to have them all paid off by 2023. It's a lot of sacrificing, I never have money to do anything fun or buy anything. My vacation to Las Vegas a couple weeks ago was pretty much the result of socking away $100 a month for a year. That's about all the dispoasable income I have spent on myself in the past year.
Main issue is that it took me a while to find myself after graduating. My major is fun and the jobs I do are fun but the pay isn't great(Radio and TV). I am hoping my next job pays well enough combined with being in a much lower cost of living city than Seattle will allow me to bust through my goal even quicker.
I regret nothing. I also can't stand people who want the government to step in to pay their loans. You made the decision to take them out. Own up and take responsibility. If I can make sacrifices to pay them back so can you.
Posted on 9/16/16 at 12:57 am to schwartzy
If there is a very high chance that you're future earnings will be enough to warrant the debt, eg, med school, then go for it. Most other options may be more suspect though.
Posted on 9/16/16 at 1:05 am to indytiger
That's what I did, and came out debt free.
Posted on 9/16/16 at 6:08 am to schwartzy
Talk to the Navy
Posted on 9/16/16 at 6:45 am to mauser
Ocean trolled all you guys with his old economy Steve schtick.
Page 3 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News