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Loan forgiveness in question - loans may have to be paid back, it's like, really scary
Posted on 6/27/17 at 8:57 am
Posted on 6/27/17 at 8:57 am
Obama's promised student loan forgiveness program, another check his mouth wrote that his arse can't cash
quote:
Danielle Ramos' student-debt nightmare was supposed to be over.
Like thousands of others who studied at failed for-profit colleges, she was promised by the U.S. Education Department under President Barack Obama that her federal loans would be forgiven by now. But as the weeks tick by with no reprieve, the 30-year-old college student fears the financial burden will force and her 4-year-old son to move back with her parents.
"I'm a single mom, so that's really scary,"
21
Posted on 6/27/17 at 9:00 am to TrueTiger
quote:
will force and her 4-year-old son to move back with her parents.
Oh the horror. Bet she might even be forced to cancel Netflix
Posted on 6/27/17 at 9:01 am to TrueTiger
This was a terrible program. It needs to be abolished. With that said, anyone who is on it must be grandfathered in. It's not right to pull the rug from under people after they have been part of a financial program.
Posted on 6/27/17 at 9:02 am to TrueTiger
If you're dumb enough to attend a for profit college, you should have to eat your mistake. I fully sympathize with people with crushing debt for worthwhile career pursuits and degrees. Devry? No.
Posted on 6/27/17 at 9:02 am to TrueTiger
How about being a responsible human being and not shitting out a bastard child you can't afford
fricking idiots. No one takes responsibility.
I work 2 damn jobs and pay 3000 a month just in student loans trying to get them paid off in the next 3 years. But thats because i am responsible and take responsibility for my actions, fulfill my commitmnets and don't have children out of wedlock
fricking entitled arse lazy generation
fricking idiots. No one takes responsibility.
I work 2 damn jobs and pay 3000 a month just in student loans trying to get them paid off in the next 3 years. But thats because i am responsible and take responsibility for my actions, fulfill my commitmnets and don't have children out of wedlock
fricking entitled arse lazy generation
Posted on 6/27/17 at 9:04 am to goldennugget
Did you do federal loans or private? That's a fricking ton
Posted on 6/27/17 at 9:04 am to TrueTiger
quote:
Like thousands of others who studied at failed for-profit colleges
Perhaps the biggest culprit for the student loan problem now.
TheAtlantic
quote:
Between 2000 and 2014, the number of students holding education debt doubled to 42 million, their total debt outstanding quadrupling to over $1 trillion. In 2000, there was only one for-profit institution among the 25 colleges and universities where students held the most student-loan debt. In 2014, there were 13, and University of Phoenix topped the list. The amount of debt owed by those attending for-profit colleges has grown from $39 billion in 2000 to $229 billion in 2014—which is more attributable to increases in the rate of borrowing at those schools than to increases in enrollment.
Posted on 6/27/17 at 9:05 am to TrueTiger
Paying money back that she borrowed might be a burden for her?
Hmmmm...if it is a burden for me to pay my home loan, can the government forgive that load and I won't have to pay it off?
Hmmmm...if it is a burden for me to pay my home loan, can the government forgive that load and I won't have to pay it off?
Posted on 6/27/17 at 9:06 am to NIH
quote:
If you're dumb enough to attend a for profit college
In other words, all colleges
Posted on 6/27/17 at 9:07 am to goldennugget
I hope you are a Dr.
Posted on 6/27/17 at 9:07 am to NIH
quote:
Did you do federal loans or private? That's a fricking ton
Both
Finished with 130k. Have whittled it down to 80k the past few years. Really accelerating the payoff now. If I just paid the minimums it would take over 20 more years to pay off. Instead I am.just hunkering down and trying to get rid of them in the next 3 years.
Posted on 6/27/17 at 9:10 am to goldennugget
Good on you, mate. I'll have about a hundred when I'm all done, but they'll all be federal. I live pretty minimalistic so I'll probably take a similar approach.
Posted on 6/27/17 at 9:11 am to TrueTiger
Those for-profit-colleges are fricking terrible... but again, the root of the problem is the fricking government guaranteeing student loans to every person who wants them without limit.
Posted on 6/27/17 at 9:12 am to goldennugget
quote:One entitled lazy generation created by a previous generation, creates another.
fricking entitled arse lazy generation
At some point, fingers need to start pointing in another direction.
Posted on 6/27/17 at 9:12 am to goldennugget
quote:
How about being a responsible human being and not shitting out a bastard child you can't afford
fricking idiots. No one takes responsibility.
I work 2 damn jobs and pay 3000 a month just in student loans trying to get them paid off in the next 3 years. But thats because i am responsible and take responsibility for my actions, fulfill my commitmnets and don't have children out of wedlock
fricking entitled arse lazy generation
Well said. Responsibility-shirking entitled shits are what's wrong with this country. Posted on 6/27/17 at 9:12 am to TrueTiger
This program caught my wife's eye a few years back because her job would in theory make her eligible. I told her then, "Do we look like two people who the government is going to let skate on their school loans?" meaning two married white people with kids who have good jobs. We are the payors not the payees in society. She said she fit the criteria.
Well she pre-applied this year and guess what - I was right. Her particular type of loan was disqualified.
So frick it. Burn it down. If I have to pay so does everyone else.
Well she pre-applied this year and guess what - I was right. Her particular type of loan was disqualified.
So frick it. Burn it down. If I have to pay so does everyone else.
Posted on 6/27/17 at 9:14 am to TrueTiger
Bad idea from the get go (Thanks, Obama), but there should be a way for those who had already started the process of being repaid to get what was offered at the time.
This board talks about other federal programs that aren't financially feasible in the long run and need to be eliminated, but where current beneficiaries shouldn't be punished. This is a similar situation. The program was stupid from the start, but if the government offered it at the time and people had applications in process, they should be able to follow through.
This board talks about other federal programs that aren't financially feasible in the long run and need to be eliminated, but where current beneficiaries shouldn't be punished. This is a similar situation. The program was stupid from the start, but if the government offered it at the time and people had applications in process, they should be able to follow through.
Posted on 6/27/17 at 9:16 am to TrueTiger
quote:
"I'm a single mom, so that's really scary,"
There's always Porn
Posted on 6/27/17 at 9:16 am to Willie Stroker
quote:
One entitled lazy generation created by a previous generation, creates another.
At some point, fingers need to start pointing in another direction.
Exactly...who raised the Baby Boomer generation? The so-called "Greatest Generation" did that. And then the Baby Boomers gave birth to Generation X'ers and Millennials.
Posted on 6/27/17 at 9:17 am to TrueTiger
Dear goodnees.
1. No one made you go to college
2. No one made you get pregnant / where is the dad?
3. Get a 2nd job, live poor, etc like i had to and many others out of college.
I recently paid off all my student loans so i have no sympathay for these people.
1. No one made you go to college
2. No one made you get pregnant / where is the dad?
3. Get a 2nd job, live poor, etc like i had to and many others out of college.
I recently paid off all my student loans so i have no sympathay for these people.
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