Started By
Message

re: Teacher with $303,000 student debt says Biden loan-forgiveness not even a drop in bucket

Posted on 6/6/22 at 10:24 am to
Posted by Big Gorilla
Bossier City
Member since Oct 2020
5454 posts
Posted on 6/6/22 at 10:24 am to
300k in debt for an average degree is laughable.
Posted by goofball
Member since Mar 2015
16859 posts
Posted on 6/6/22 at 10:25 am to
quote:

But with $303,000 in federal student debt — and an additional $20,000 in private student loans


Okay she has this and she's a teacher? Not a doctor.....but a teacher?

Someone explain how this happened.
Posted by rpg37
Ocean Springs, MS
Member since Sep 2008
47439 posts
Posted on 6/6/22 at 10:26 am to
I have three college degrees and became a teacher (with a license to serve in admin when I choose to give up teaching/coaching). Went to an SEC school, graduated entirely inside of eight seven years....took out a total of $15k in loans and paid them back inside of two years...it is impossible to believe someone could ascertain that amount in education. She will never pay them off and will die with them.
Posted by goofball
Member since Mar 2015
16859 posts
Posted on 6/6/22 at 10:27 am to
quote:

MAYBE a specialized field in medicine. MAYBE. But definitely not anything else.



A doctor could pay that back - and they often get major loan forgiveness if they practice in an under served area.

A teacher doesn't have a prayer.
Posted by BamaScoop
Panama City Beach, Florida
Member since May 2007
53828 posts
Posted on 6/6/22 at 10:27 am to
Where did she go to school that it cost that much money?
Posted by dewster
Chicago
Member since Aug 2006
25342 posts
Posted on 6/6/22 at 10:32 am to
My wife has pretty close to that, but she's a physician that's had to make a huge investment into her education and deal with a low salary during residency to make it all happen. And even then she kept making the required payments.

I'm not sure how a teacher would ever rack that much up. And anyone who thinks that the compensation packages offered to teachers could service that debt probably should not be in the classroom teaching other people anything.
This post was edited on 6/6/22 at 10:36 am
Posted by dewster
Chicago
Member since Aug 2006
25342 posts
Posted on 6/6/22 at 10:34 am to
And I just noticed that she's 53. Going to be damn hard to pay that off before retirement. That's probably going to be with her forever.
This post was edited on 6/6/22 at 10:35 am
Posted by Wildcat1996
Lexington, KY
Member since Jul 2020
5963 posts
Posted on 6/6/22 at 10:34 am to
Wouldn't running-up $300K for an education degree be an automatic disqualifier for employment in education?

Posted by CouldCareLess
Member since Feb 2019
2677 posts
Posted on 6/6/22 at 10:34 am to
Sorry, but she's too dumb to be a teacher. Anyone who is too stupid to figure out that borrowing +$300K for an education degree shouldn't be teaching your kids, Hope she's not a math teacher?
Posted by lsufan1971
Zachary
Member since Nov 2003
18222 posts
Posted on 6/6/22 at 10:47 am to
I know doctors who had less student loan debt than this chick. My daughter is going to graduate from Tulane and have less than 50K in debt. She is an RA at the Dorm and gets room board meals for doing it and has pretty good scholarships.
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40084 posts
Posted on 6/6/22 at 10:48 am to
Who charges 300k for an Education degree? They hand them out like hotcakes for under 40k max.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
16968 posts
Posted on 6/6/22 at 10:54 am to
quote:

We do not teach kids any personal finance skills in high school, and then we send them on their way into the real world exposed to Big Bank, Big College and Big Government looking to take advantage of them.

I see this all the time but will this REALLY help?

At lot of kids rarely pay for anything so they don't understand the financial impact until they start paying the bills. Plus at 18 you're more likely to take risks and are not very smart for the most part.
This post was edited on 6/6/22 at 11:58 am
Posted by coachcrisp
pensacola, fl
Member since Jun 2012
30599 posts
Posted on 6/6/22 at 10:54 am to
Dumb bitch couldn't come off the "free" money. She probably teaches economics!
Posted by deltaland
Member since Mar 2011
90583 posts
Posted on 6/6/22 at 10:57 am to
quote:

Teacher with $303,000 student debt


Wtf

My mom teaches. She got certified through online courses that cost a few hundred bucks. And got an award for being a top teacher a few years ago

But she is conservative and not a liberal idiot
Posted by Lightning
Texas
Member since May 2014
2300 posts
Posted on 6/6/22 at 10:59 am to
In theory, teaching personal finance should start at home. Whether you give your kid an allowance or have them earn money through working, teaching them that the things they want cost money and someone has to earn that money to pay for it. But you’ve got lots of parents that haven’t mastered that concept so they aren’t really qualified for the task.

But then you’ve got old Cheryl at school with her $300k debt and she for damn sure isn’t qualified either. It’s almost like decades of financial irresponsibility has left a large population of Americans financially illiterate and looking for government to save them.
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105405 posts
Posted on 6/6/22 at 11:01 am to
The teacher screwed herself and wants the American tax payers to bail her out?

I never got that kind of help for my personal screw ups and worked it out. She can too.
Posted by Auburn1968
NYC
Member since Mar 2019
19467 posts
Posted on 6/6/22 at 11:04 am to
She should have majored Marxist Interpretive Dance or maybe one of those "studies" that are such "high" demand!
Posted by Zach
Gizmonic Institute
Member since May 2005
112460 posts
Posted on 6/6/22 at 11:11 am to
quote:

For $323k she oughta be the best gotdamn teacher who’s ever lived


I wonder if she teaches an economics class.
Posted by Placekicker
Florida
Member since Jan 2016
8093 posts
Posted on 6/6/22 at 11:21 am to
Where in the world did she go to school?
Posted by AUMIS01
Atlanta
Member since May 2020
1210 posts
Posted on 6/6/22 at 11:28 am to
quote:

There’s the real story.
She’s 53 and has $303,000 in student loan debt. She hasn’t been paying on it.

Like at all.


Correct. Welcome to the world of capitalized interest, sweetheart. God help us if this mental giant is teaching anything to do with math or personal finances.
first pageprev pagePage 4 of 6Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram