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re: Meet a single dad with $550,000 in student loans for his 5 children

Posted on 9/27/21 at 2:24 pm to
Posted by dgnx6
Baton Rouge
Member since Feb 2006
69133 posts
Posted on 9/27/21 at 2:24 pm to
Thats white supremacy, working til death to pay for your kids education.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
262587 posts
Posted on 9/27/21 at 2:24 pm to
quote:

partially those kids fault for allowing their dad to do that!




They probably thought it was the norm. The dad, lolol...
Posted by obdobd918
Member since Jun 2020
3228 posts
Posted on 9/27/21 at 2:25 pm to
He will pay $720k in 20years at $3k per month. It should be paid off by the time he is 77.

Why did he pay on average $27.5k per year for college? His kids could not go to a JR college and live at home for 2 years? If he is paying, then he should have selected the college. Also, they could have worked part time to reduce the final cost. He must have put car note, car ins, apartment rent into the loans.
Posted by alpinetiger
Salt Lake City
Member since Apr 2017
5864 posts
Posted on 9/27/21 at 2:25 pm to
quote:

quote:
No, and his kids seem like entitled a-holes for taking him up on it.


yup

quote:
I wanted to get off the teat as soon as possible t


same here

This Dad is a moron.

When I started undegrad, my Dad helped me pack up my stuff, shook my hand and said, "good luck". That was it. No money, no nothing. I hated him for it at the time but he imparted the most valuable lesson in life I've ever recieved. For 5 years I worked 30-40 hours every week and attended school. Then I'd work 60-70 hours a week during the summers. I took out no student loans in those 5 years.

My Dad also wouldn't let me work at his business either. He'd always say, "Son, you need to go out and get your own damn job." Another valuable lesson.

I'm the most most miserly SOB you'll ever meet. But I damn sure know the value of money.
This post was edited on 9/27/21 at 2:27 pm
Posted by vl100butch
Ridgeland, MS
Member since Sep 2005
34695 posts
Posted on 9/27/21 at 2:31 pm to
if you are inclined toward the military, look at a ROTC scholarship...

OR (at least in Louisiana) if you're in the National Guard, your tuition is paid

OR enlist, do your time and get the GI bill...if you're smart about it, you can take some college courses while on active duty and depending on your MOS, get college credit for that as well!!!
Posted by UncleRuckus
Member since Feb 2013
7746 posts
Posted on 9/27/21 at 2:47 pm to
The 4 girls will either be housewives or have useless degrees and work at Starbucks. Dad gonna be broke the rest of his life
Posted by Breauxsif
Member since May 2012
22290 posts
Posted on 9/27/21 at 3:02 pm to
quote:

OR enlist, do your time and get the GI bill

That’s what I did. Came out debt free with only living expenses to worry about. Missed out on the 18-22 yr old college experience, however you truly learn what being poor as shite is all about on the enlisted side, and value working for an education.
Posted by DavidTheGnome
Monroe
Member since Apr 2015
29303 posts
Posted on 9/27/21 at 3:07 pm to
quote:

Would you do the same for your kids?



I’m sorry but no. Go to a state college and work part time to help pay for it. If you can’t afford it you can’t afford it.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31355 posts
Posted on 9/27/21 at 3:11 pm to
quote:

I’m sorry but no. Go to a state college and work part time to help pay for it. If you can’t afford it you can’t afford it.


Bingo. Since when did it just become a birth right to go to some expensive or out of state school, and get your own bedroom and bathroom and live like a king or queen? I lived in the dorms two years, ad then my buddies and I shared bedrooms until we graduated, and I went to a state school (it was a great one in UW, but still).

I bet these kids don't work at school either, so they can "get the full college experience".

Dad is a dumbass.
This post was edited on 9/27/21 at 3:12 pm
Posted by armsdealer
Member since Feb 2016
11538 posts
Posted on 9/27/21 at 3:17 pm to
Don't do that with fed loans, you have to be totally and permanently disabled or DEAD to discharge those things.

Posted by Astrosfan
Nowheresville
Member since Jul 2021
724 posts
Posted on 9/27/21 at 3:19 pm to
quote:

Wow.. lucky to feed, clothes and etc...why did you have kids in the first place if that is how you feel?

I get not being able to pay for autos or college but telling one your children, whom you and your spouse decided to bring into this world they're lucky they were feed must make them feel loved.

Dude..... What an idiot you are. I am the greatest dad and papa on planet earth just ask any of them. Apparently you don't or can t understand sarcasm. This guy here "spacewrangler" is why every fricking kid feels entitlement in America! I raised hard working kids you filthy animal! I raised real down to earth hard working kids.... They are all successful! Hows yours doing punk?
Posted by Wolfhound45
Hanging with Chicken in Lurkistan
Member since Nov 2009
120000 posts
Posted on 9/27/21 at 3:25 pm to
quote:

Its a stepping stone to a grad degree.

Gateway degree.
Posted by Old Money
Member since Sep 2012
36642 posts
Posted on 9/27/21 at 3:26 pm to
Send their arse to community college or tell them to pay for their own school and help here and there. That is just insane lol
This post was edited on 9/27/21 at 3:27 pm
Posted by MWP
Kingwood, TX via Monroe, LA
Member since Jul 2013
10497 posts
Posted on 9/27/21 at 3:37 pm to
quote:

OR enlist, do your time and get the GI bill..


This. If you do the standard enlistment and get out, you really aren't that old fricker that all the youngsters cringe at when they walk into class and you typically have your shite together after being in the suck for that amount of time.

Then if the military made that kind of impression on you, then you can go to OCS.
Posted by USMEagles
Member since Jan 2018
11811 posts
Posted on 9/27/21 at 3:40 pm to
I was totally prepared to go 6 figures into debt for my oldest daughter's education. Fortunately, after a semester or two it bugged her that she was accepting help from a backward right-wing shitlord, so she found other sources of funding.

I wasn't even giving her a hard time about shite. It was just the concept of it I guess. I was probably the same way; I didn't take jack from my folks after 18.
Posted by AlbertMeansWell
Member since Sep 2013
5555 posts
Posted on 9/27/21 at 3:40 pm to
My ex lied to me about how much she owed when we got married. Absolutely destroyed our marriage.
Posted by LSU82BILL
Fort Lauderdale, FL
Member since Sep 2006
10338 posts
Posted on 9/27/21 at 3:51 pm to
So much for the inequities of white privilege. He should have sent his kids to HBCU Morehouse College and had a lack billionaire pay off all those student loans.
Posted by touchdownjeebus
Member since Sep 2010
24845 posts
Posted on 9/27/21 at 4:07 pm to
quote:

Would you do the same for your kids?


Without hesitation. The American dream is dead. The best way to set your kids up for success is to provide a future after college where they aren’t saddled with debt. Take it on yourself.
Posted by alpinetiger
Salt Lake City
Member since Apr 2017
5864 posts
Posted on 9/27/21 at 4:08 pm to
quote:

Bingo. Since when did it just become a birth right to go to some expensive or out of state school, and get your own bedroom and bathroom and live like a king or queen? I lived in the dorms two years, ad then my buddies and I shared bedrooms until we graduated, and I went to a state school (it was a great one in UW, but still).

I bet these kids don't work at school either, so they can "get the full college experience".
Its so different at AU these days (my undergrad). I lived in a place affectionately called Mac's Butt Palace that was $75 per month. It was the top floor of a house that was a block from campus. A 4br/1ba with a shitty kitchen. I parked my Ranger on hills for an entire school year to clutch start because I didn't want to outlay the cash to replace the solenoid. Now there are so many german cars at AU and the U that its baffling. One of my consistient jobs while in school was working in the produce department of a grocery store. You can pull stuff and take that stuff home.

Believe it or not those are some great memeories trying to McGyver my way through school.
Posted by GeauxTigers0107
South Louisiana
Member since Oct 2009
9805 posts
Posted on 9/27/21 at 4:08 pm to
quote:

OT: "somebody touches my kids, get a hole ready...they mean everything to me"

Same OT: "this dad is a complete idiot paying his kids college so they wont have the debt"


Perfect

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