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"Taking out student loans to support your family"

Posted on 9/9/26 at 9:15 am
Posted by TigerintheNO
New Orleans
Member since Jan 2004
45471 posts
Posted on 9/9/26 at 9:15 am
25 college where student have the most debt

Louisiana has 3 schools ranked inside the top 25, but what really got my attention was-

quote:

adding that some students also take out loans to support their families.



Is that really a thing?
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
12310 posts
Posted on 9/9/26 at 9:18 am to
quote:

Is that really a thing?


Yes and it’s BS.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
20492 posts
Posted on 9/9/26 at 9:20 am to
Free money according to one political party. So why not?
Posted by Henry Jones Jr
Member since Jun 2011
78470 posts
Posted on 9/9/26 at 9:22 am to
I have zero empathy for morons that actually do that
Posted by TheFonz
Somewhere in Louisiana
Member since Jul 2016
23610 posts
Posted on 9/9/26 at 9:25 am to
They'll loan you way more than what your tuition costs, and don't track what you do with the remainder once the tuition is paid. I think it is bull crap too. They should only loan you what is needed for tuition, books, room and board, and a meal plan.
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
59071 posts
Posted on 9/9/26 at 9:25 am to
Yeah. Law school won't let you work more than 20 hours a week. Suppose you have a family....
Posted by TheFonz
Somewhere in Louisiana
Member since Jul 2016
23610 posts
Posted on 9/9/26 at 9:32 am to
quote:

Yeah. Law school won't let you work more than 20 hours a week. Suppose you have a family....


Yeah, that's what the world needs - more lawyers.

Maybe don't go to law school? The world needs ditch diggers, too.
Posted by KyleOrtonsMustache
Krystal Baller
Member since Jan 2008
5195 posts
Posted on 9/9/26 at 9:35 am to
The new scam is to always stay enrolled so your payments are always deferred.

"They'll give you way more than you need, so why not?" was the exact quote on a TikTok from an educated queen.
Posted by Shexter
Prairieville
Member since Feb 2014
21973 posts
Posted on 9/9/26 at 9:40 am to
quote:


I have zero empathy for morons that actually do that


Those morons have zero plans on ever getting a degree or ever paying that back.
Posted by Steadyhands
Slightly above I-10
Member since May 2016
7206 posts
Posted on 9/9/26 at 9:43 am to
quote:

The new scam is to always stay enrolled so your payments are always deferred.


The universities are in on the scam too. They don't care because they get a big piece of the pie too. Aside from high tuition, they have all kinds of bullshite charges that students are forced to pay.
Students are borrowing more than they should, but they aren't getting rich from this and they aren't living some lavish lifestyle on that extra money. It's not really that much extra money beyond what is used for school purposes.
Posted by Henry Jones Jr
Member since Jun 2011
78470 posts
Posted on 9/9/26 at 9:49 am to
quote:

Those morons have zero plans on ever getting a degree or ever paying that back.
They’ll vote for politicians that promise to forgive that debt
Posted by CatfishJohn
Member since Jun 2020
22817 posts
Posted on 9/9/26 at 9:52 am to
Lenders should pay the school directly and require confirmation of attendance and passing grades.
Posted by nola tiger lsu
Member since Nov 2007
7618 posts
Posted on 9/9/26 at 9:53 am to
quote:

Yeah, that's what the world needs - more lawyers.

Maybe don't go to law school? The world needs ditch diggers, too.


While youre right in part. I just paid off a load of law school debt and Im better off and have a more comfortable job than not going. To each his own, sometimes debt is necessary and there is an ROI, sometimes people are just dumb. I dont have empathy for the dumb ones or lib arts majors.
Posted by SoggyCerealClub
Member since Apr 2026
274 posts
Posted on 9/9/26 at 9:56 am to
quote:

Is that really a thing?

Yes. The blacks that come from nothing are good for it
Posted by Doctor B
Member since Jul 2024
2081 posts
Posted on 9/9/26 at 9:58 am to
quote:

Is that really a thing?


Anecdotal: I have seen a few examples of people throwing money at entertainment items because they have access to funding based on the whole bullshite cottage industry of "a guy's baby mama is a student who is taking 3 hours at BRCC, so she and her potato-headed boyfriend get access to funds because they are:

Parents
"Single Parents"
Students

You know....the absolute backbone of Louisiana that keeps the state running....the chick and her bf that will be 43 percent of the way to those associate's degrees in 2030.

Posted by JasonDBlaha
Woodlands, Texas
Member since Apr 2023
5348 posts
Posted on 9/9/26 at 10:04 am to
quote:

Maybe don't go to law school? The world needs ditch diggers, too.


Law has an insanely high income ceiling once you’ve been working for a certain number of years. $150k isn’t far from the norm for guys that have 5-10 years of experience.

There’s a reason why they qualify for nearly all professional mortgage programs.

Posted by TigerintheNO
New Orleans
Member since Jan 2004
45471 posts
Posted on 9/9/26 at 10:08 am to
quote:


Those morons have zero plans on ever getting a degree or ever paying that back.


Six or seven years ago the janitor at work broke up with his gf. She must have done the cooking, because in enrolled in one class @ UNO for the meal plan.

He lived by campus, and he told me "Its great I get a free dinner everynight"

Coworker told him, you have to pay that money back. He responded not until I graduate, and there is no way Im graduating.

Posted by SparkyWilson
Member since May 2026
333 posts
Posted on 9/9/26 at 10:28 am to
quote:

Is that really a thing?



It is and I didn't understand the concept when I started as freshman. One of the orientation workers mentioned a refund check and later I starter hearing other students talk about the refund check they were going to get and what they were going to do with it.

I was on a combination of scholarships and what I could scrape together working. No loans fortunately, so there were no refund checks until my senior year when I pulled a couple of one off scholarships. It was modest overage, but a nice bit of extra jingle at the time.

TL;DR: there are plenty of students who get more loan money than they need and treat the overage (refund) as a cash payout they can do whatever they want with irrespective of the fact it is money they have to pay back.

Posted by SparkyWilson
Member since May 2026
333 posts
Posted on 9/9/26 at 10:31 am to
quote:

They'll loan you way more than what your tuition costs, and don't track what you do with the remainder once the tuition is paid. I think it is bull crap too. They should only loan you what is needed for tuition, books, room and board, and a meal plan.


They really should. It wouldn't be hard for all those costs to be compiled and then sent to the lender for disbursement of loan funds once you've qualfied.

The kiddos what miss on that refund check they intend to use for that new iPad though.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
96376 posts
Posted on 9/9/26 at 10:32 am to
quote:

Is that really a thing?


Yes. :raiseshand:
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