- 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
1
Posted on 6/2/16 at 9:45 am to Epic Cajun
quote:
Earn a academic scholarship.
For sure. But college is a racket. Tuition is increasing at a faster rate than what is available for scholarships.
Look, I agree that you should pay back your loans. But anyone that agrees with tuition increases at this point is just doing so because they don't want to seem "liberal". It's clearly a racket.
Posted on 6/2/16 at 9:45 am to LNCHBOX
I thought that's about what it was. I'd have to imagine there are a lot of highly qualified folk rushing to govt jobs these days. 
Posted on 6/2/16 at 9:45 am to Scruffy
quote:
1) You are ignoring the fact that as a student, they cannot work full time.
2) I'm not sure if you are taking the costs of rent, books, food, and other things.
I halved the number the other poster posted. $500/ month isn't full time.
I posted in a previous comment that the number I got is from LSU's website.
Posted on 6/2/16 at 9:45 am to TheDrunkenTigah
quote:
College expenses have risen at something like 400 times the rate of inflation over the last 15 years
You think it may have something to do with a higher percentage of the population attending college?
quote:
art history majors
probably are defaulting more than engineering majors
Posted on 6/2/16 at 9:46 am to StringedInstruments
That's per semester, champ. $30k is not realistic to earn after taxes while going to school full time. Not to mention you have vehicle costs, food, etc. that aren't covered by your number.
This post was edited on 6/2/16 at 9:47 am
Posted on 6/2/16 at 9:46 am to cas4t
quote:This. It is a massive racket and the youth of our country are paying the price.
Look, I agree that you should pay back your loans. But anyone that agrees with tuition increases at this point is just doing so because they don't want to seem "liberal". It's clearly a racket.
I in no way support free college, but the costs of tuition need to be addressed.
Largely, I blame the federal loan programs.
Posted on 6/2/16 at 9:46 am to lsu xman
I want my college and grad school investment money back too even though that was 10 years ago.
Plus, I want all of my lotto ticket money back too. I was deceived into believing I could win. Not my fault.
Plus, I want all of my lotto ticket money back too. I was deceived into believing I could win. Not my fault.
This post was edited on 6/2/16 at 9:47 am
Posted on 6/2/16 at 9:47 am to cas4t
quote:
But anyone that agrees with tuition increases at this point
well people are still taking on the debt to attend college so why wouldn't they keep increasing tuition
Posted on 6/2/16 at 9:47 am to LNCHBOX
quote:
That's per semester, champ. $30k is not realistic to earn after taxes while going to school full time. Not to mention you vehicle costs, food, etc.
shite you're right. Yeah that's fricking insane to pay $30k/year for an in-state school education.
Posted on 6/2/16 at 9:47 am to NIH
quote:
Crippling debt will eventually affect all areas of the economy. It's hard to start a family or buy a house when you're six figures in debt. Educated folk with debt will wait to start families or not start them at all, meanwhile those on government assistance will pop out 3-7 kids. Idiocracy is not far off.
We're already seeing the effects. A lot of 20-somethings just aren't able to make good financial decisions because they're living paycheck to paycheck. I have 100% on time payment history and great credit but at the same time a down payment on a house seems like an impossible mountain to climb. I simply can't afford to let 20-30K sit in savings. My choices are to get fricked by PMI or keep spinning my wheels on the rent treadmill, both of which are terrible for building long term wealth.
Posted on 6/2/16 at 9:47 am to Scruffy
People here are going to soften up on this issue when they see the birth rate stats for educated folk in a few years. That and real estate in the suburbs are going to take a shellacking.
Posted on 6/2/16 at 9:49 am to TheDrunkenTigah
I'm going to have to live LEAN in a few years just to even have a shot at a normal financial state in my 30s.
Posted on 6/2/16 at 9:49 am to lsu xman
Anyone from Louisiana who went to college in Louisiana in the last 15 years and has student loan debt is mind boggling. The TOPS requirements have been insultingly low. I didn't pay a dime for undergrad or grad school between TOPS and scholarships. I took out $7,000 in student loan debt in grad school to invest it since there was no interest accruing while I was in school. I invested in an interest bearing account (4% interest rate on savings accounts at the time) and paid the loan back in full the week my first payment was due. I netted a couple hundred bucks on the deal.
Posted on 6/2/16 at 9:49 am to NIH
quote:
I thought that's about what it was. I'd have to imagine there are a lot of highly qualified folk rushing to govt jobs these days.
I know a lot of people in my wife's program are considering the VA route due to loan forgiveness after 10 years.
Posted on 6/2/16 at 9:50 am to LeonPhelps
I'd imagine the majority of college debt figures past 30k include grad school. That's really when you see crippling debt.
Posted on 6/2/16 at 9:50 am to Topwater Trout
quote:
You think it may have something to do with a higher percentage of the population attending college?
Which is caused by how readily available huge loans are to people with no means to pay them back... that's called a bubble and a similar one in another industry just sent the economy into the shitter for roughly a decade. I'm not really sure what your point is.
Posted on 6/2/16 at 9:51 am to Epic Cajun
quote:I'm still considering military since they'll pay off my loans.
I know a lot of people in my wife's program are considering the VA route due to loan forgiveness after 10 years.
Posted on 6/2/16 at 9:51 am to LeonPhelps
quote:
Anyone from Louisiana who went to college in Louisiana in the last 15 years and has student loan debt is mind boggling.
TOPS doesn't pay for room and board, or a vehicle, or food, or anything else. Congrats on having parents that paid for all that for you. Don't act like you did it on your own.
Posted on 6/2/16 at 9:52 am to lsu xman
I received one of the telemarketer's call about loan forgiveness and decided to play along since I basically have another home mortgage in student loan debt (out of state medical school tuition).
I went through all of the about 12 questions in regards to debt amount, payback amount per month, etc, and then she asked me my gross annual income (I'm in a subspecialty medical field). She literally laughed out loud when I told her and said, "Sir your income level is too high" and literally hung up on me as I was saying "It was worth a shot, right?"
I went through all of the about 12 questions in regards to debt amount, payback amount per month, etc, and then she asked me my gross annual income (I'm in a subspecialty medical field). She literally laughed out loud when I told her and said, "Sir your income level is too high" and literally hung up on me as I was saying "It was worth a shot, right?"
Page 4 of 20
Popular
Back to top
Follow TigerDroppings for LSU Football News