- 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
Student loan pushed back again
Posted on 12/21/22 at 10:22 am
Posted on 12/21/22 at 10:22 am
I think this is pretty much a necessary decision due to rising rates. These loans have variable interest and if interest kicks back in, this could bankrupt millions. These are not just african studies or whatever this forum chooses to believe; largest loans are taken out by Doctors, Lawyers, Engineers, etc. These jobs do pay well but also force you to live in areas that are more expensive in general.
I would expect this to continue until majority of loans are wiped.
I would expect this to continue until majority of loans are wiped.
48
Posted on 12/21/22 at 10:23 am to fareplay
quote:
largest loans are taken out by Doctors, Lawyers, Engineers, etc. These jobs do pay well but also force you to live in areas that are more expensive in general.
Wut
You can be a doctor, lawyer or engineer in a place with low cost of living
Posted on 12/21/22 at 10:23 am to fareplay
They need to start paying, I have a large amt and I have always paid, of course I used my degrees to get a good job.
Posted on 12/21/22 at 10:24 am to Cosmo
Yes but Doctors go where the people are. More people live in cities and therefore the demand for Doctors are in cities. Same thing for Lawyers who have to visit clients etc.
Doctors actually get paid more to go into countryside, but the hospitals funding is so volatile that it sometimes isnt worth the risk.
Doctors actually get paid more to go into countryside, but the hospitals funding is so volatile that it sometimes isnt worth the risk.
This post was edited on 12/21/22 at 10:25 am
Posted on 12/21/22 at 10:25 am to fareplay
quote:
force you to live in areas that are more expensive in general.
how does a job force you to live somewhere?
Posted on 12/21/22 at 10:25 am to fareplay
The people who took out these loans will never have to pay them back. The “cost” will be shared, unequally, by others via secondary and tertiary consequences.
Posted on 12/21/22 at 10:25 am to fareplay
More doctors are needed in smaller/rural communities, cities are saturated in most fields and the jobs usually pay less
Either way doctors need to pay back their damn loans
So does everyone else
Either way doctors need to pay back their damn loans
So does everyone else
Posted on 12/21/22 at 10:26 am to fareplay
why should others have to pay for a loan they didn't make?
Posted on 12/21/22 at 10:27 am to metallica81788
quote:
More doctors are needed in smaller/rural communities, cities are saturated in most fields and the jobs usually pay less
Either way doctors need to pay back their damn loans
So does everyone else
I believe they have a fairly generous forgiveness program in place for Doctors that practice medicine in rural communities.
Posted on 12/21/22 at 10:27 am to metallica81788
Not all doctors get paid same. Would you say that nobody should be family doctors or pediatricians because they get paid <200k? At 400k loans that seems a bit aggressive.
10 years is what I heard
quote:
I believe they have a fairly generous forgiveness program in place for Doctors that practice medicine in rural communities.
10 years is what I heard
This post was edited on 12/21/22 at 10:28 am
Posted on 12/21/22 at 10:28 am to fareplay
quote:
Not all doctors get paid same
not all welders get paid the same.
Posted on 12/21/22 at 10:28 am to fareplay
quote:
largest loans are taken out by Doctors, Lawyers, Engineers, etc. These jobs do pay well but also force you to live in areas that are more expensive in general.
I know some small town ophthalmologists who are OT ballers.
Posted on 12/21/22 at 10:28 am to fareplay
Where do you draw the line? Should people that pissed away the money on the "college experience" have their loans forgiven?
What about people that didn't pass their classes?
Should the people flipping burgers at McDonalds, people that went to affordable trade schools, and those of us that paid our way through college and made sacrifices to not take that debt have to pay? This is a submarine full of holes.
People made bad financial decisions financing more than they could afford to pay back. How is this any different than any other bad financial decision?
What about people that didn't pass their classes?
Should the people flipping burgers at McDonalds, people that went to affordable trade schools, and those of us that paid our way through college and made sacrifices to not take that debt have to pay? This is a submarine full of holes.
People made bad financial decisions financing more than they could afford to pay back. How is this any different than any other bad financial decision?
Posted on 12/21/22 at 10:29 am to fareplay
quote:
These loans have variable interest
Mine doesn't
Posted on 12/21/22 at 10:30 am to WhiskeyThrottle
I think people dont disagree with that, its just that even if you failed out, the cost/benefit ratio is a lot worse now than it was before and a big reason for that is people who kept voting against more fair education. The tuition you paid then for the wages you made are much different than today.
Posted on 12/21/22 at 10:31 am to fareplay
quote:
10 years is what I heard
Similar to PLSF
But Doctors can make bank while in their program. Rural hospitals pay out the arse for qualified doctors in demand areas.
Posted on 12/21/22 at 10:31 am to fareplay
quote:
therefore the demand for Doctors are in cities
Nope, harder to get docs to stay in rural areas.
Posted on 12/21/22 at 10:31 am to fareplay
I'm going to make a loan for a Lamborghini. I think you should pay the loan back for me. But, you don't get to drive or ride in the Lambo.
Posted on 12/21/22 at 10:32 am to SlowFlowPro
Not really, after med school you do residency and fellowship (required for specialists). They work like 15 hours a day 6 days a week really shitty hours to make 60k for 6 years before jumping.
Posted on 12/21/22 at 10:33 am to fareplay
quote:
These jobs do pay well but also force you to live in areas that are more expensive in general.
Did they catch the guy holding a gun to thier heads to buy $750K+++
houses that they could not afford too?
Page 1 of 7
Back to top
Follow TigerDroppings for LSU Football News