# Do Students Deserve a Bailout? **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [June 11, 2009, 1:26pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012 "2009-06-11T13:26:49Z")\ **Posts on this page:** 20\ **Page:** 8
**Author:** ![blackout](https://avatars.discourse-cdn.com/v4/letter/b/439d5e/32.png) [@blackout](https://forums.speedlife.net/u/blackout)\ **Post date:** [June 12, 2009, 12:55pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/141 "2009-06-12T12:55:40Z")
> [@boardjnky4](#): > > you are retarded > > you should have taken the money from your parents and then paid it back interest free. > > :fail: :picard: I’m not really worried about 2.7% interest… And I know they wouldn’t have taken the money if I had done it that way. ---
**Author:** ![drvnkd](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/drvnkd/32/109615_2.png) [@drvnkd](https://forums.speedlife.net/u/drvnkd)\ **Post date:** [June 12, 2009, 1:00pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/142 "2009-06-12T13:00:45Z")
What kind of car did they buy you then? ---
**Author:** ![theblue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/theblue/32/5074_2.png) [@theblue](https://forums.speedlife.net/u/theblue)\ **Post date:** [June 12, 2009, 1:02pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/143 "2009-06-12T13:02:56Z")
the other thing that I was thinking about was that people who talk down higher education pretty much always would recommend getting some to their own children. ---
**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\ **Post date:** [June 12, 2009, 2:09pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/144 "2009-06-12T14:09:13Z")
School is a business, you have to pay to play. I don’t care if you spent 90K on a communications degree and you work at Target. Sucks to be dumb you. You don’t get paid to do what you love all the time. I love to fuck, can I get a degree in that and expect to make millions when I get out of school. Wait…maybe? 😛 I think the government should just pay off everyone’s bills, give everyone the same things so we are all equal, we should all have the same jobs and get the same pay. We actually should all be the same person. I want to be Chuck Norris. ---
**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\ **Post date:** [June 12, 2009, 2:55pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/145 "2009-06-12T14:55:37Z")
> [@blackout](#): > > I’m not really worried about 2.7% interest… And I know they wouldn’t have taken the money if I had done it that way. Even at 2.7% interest, you’ll pay an additional $30k in interest if you carry the loan to term. Just because the rate is low, doesn’t mean you aren’t spending a crap ton on interest. ---
**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\ **Post date:** [June 12, 2009, 2:57pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/146 "2009-06-12T14:57:42Z")
How about NO bailouts? I’ll pay my own college debt, thank you. ---
**Author:** ![blackout](https://avatars.discourse-cdn.com/v4/letter/b/439d5e/32.png) [@blackout](https://forums.speedlife.net/u/blackout)\ **Post date:** [June 12, 2009, 3:01pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/147 "2009-06-12T15:01:20Z")
> [@walter](#): > > Even at 2.7% interest, you’ll pay an additional $30k in interest if you carry the loan to term. Just because the rate is low, doesn’t mean you aren’t spending a crap ton on interest. my interest will be $2700 at my current payment schedule. I was 17 when I made the decision to pay for my own college. I’m still happy I did it, but in hindsight I would have probably just borrowed from my parents. ---
**Author:** ![mordak](https://avatars.discourse-cdn.com/v4/letter/m/f04885/32.png) [@mordak](https://forums.speedlife.net/u/mordak)\ **Post date:** [June 12, 2009, 3:14pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/148 "2009-06-12T15:14:52Z")
School bailout? That would suck balls…my girlfriend was accepted into MIT but declined because the tuition+board would be $280,000 for 4 years in loans. Instead she goes to UB, has a 4.0 GPA in Biochemistry + Biomedical Sciences, free tuition+board, and they give her a check to attend UB on top of it. Smart girls = :hitit: ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [June 12, 2009, 3:33pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/149 "2009-06-12T15:33:27Z")
:picard: a ton of these responses. I can not believe this BS generation and how unwilling to do anything to provide for themselves. For real if you are in a position where you can not afford school and do not want a load of student loans joint the military. 3-4 years of service and you will learn discipline, responsibility, travel the world, and get great life experience along the way. 30K a year tuition and about $1500 a month in your pocket for living costs when you go back to school. Oh and get this…you even get the satisfaction of serving your country. Oh yeah I forgot we not only do not have people willing to work hard for anything we do not even have patriotic citizens anymore. ---
**Author:** ![nappy1380](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nappy1380/32/7502_2.png) [@nappy1380](https://forums.speedlife.net/u/nappy1380)\ **Post date:** [June 12, 2009, 6:31pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/150 "2009-06-12T18:31:45Z")
> [@cougarspeed](#): > > :picard: a ton of these responses. > > I can not believe this BS generation and how unwilling to do anything to provide for themselves. For real if you are in a position where you can not afford school and do not want a load of student loans joint the military. 3-4 years of service and you will learn discipline, responsibility, travel the world, and get great life experience along the way. 30K a year tuition and about $1500 a month in your pocket for living costs when you go back to school. Oh and get this…you even get the satisfaction of serving your country. Oh yeah I forgot we not only do not have people willing to work hard for anything we do not even have patriotic citizens anymore. Yes because the military always takes care of those who served. Give me a break. Yes it is an option for SOME but there are those who just can’t hack it or feel it’s not for them. If you don’t want to the debt go to community college, get good grades, and transfer to a 4 year school. Scholarships from grades and doing a little searching will cover most of your last two years. ---
**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\ **Post date:** [June 12, 2009, 8:37pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/151 "2009-06-12T20:37:47Z")
> [@blackout](#): > > my interest will be $2700 at my current payment schedule. I was 17 when I made the decision to pay for my own college. I’m still happy I did it, but in hindsight I would have probably just borrowed from my parents. Most school loans don’t have a 5 year term. :shrug: Either way the point to everyone is that most people seem to underestimate how much the interest really costs at low values when carried to term. Not to say there is anything wrong with that… ---
**Author:** ![bigwoode](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bigwoode/32/5175_2.png) [@bigwoode](https://forums.speedlife.net/u/bigwoode)\ **Post date:** [June 13, 2009, 7:06am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/152 "2009-06-13T07:06:10Z")
I fully expect to pay for whatever loans I have in the end, like many have stated, a good solution would be to cut down interest for the post-graduation payments. ---
**Author:** ![n20junkie](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/n20junkie/32/7396_2.png) [@n20junkie](https://forums.speedlife.net/u/n20junkie)\ **Post date:** [June 13, 2009, 2:15pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/153 "2009-06-13T14:15:15Z")
I paid for mine via hard work. If YOU decide to go to school, YOU can pay back the money. ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [June 13, 2009, 2:28pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/154 "2009-06-13T14:28:09Z")
> [@nappy1380](#): > > Yes because the military always takes care of those who served. Give me a break. Yes it is an option for SOME but there are those who just can’t hack it or feel it’s not for them. > > If you don’t want to the debt go to community college, get good grades, and transfer to a 4 year school. Scholarships from grades and doing a little searching will cover most of your last two years. Right I agree 100% im not saying it is something for everyone but it is certainly and opportunity for those who want a free education that do not feel they can afford it. However most of these people are not interested in sacrifice and hard work. Probably the same reason they justify dropping out of school. ---
**Author:** ![66impalass](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/66impalass/32/7429_2.png) [@66impalass](https://forums.speedlife.net/u/66impalass)\ **Post date:** [June 13, 2009, 3:07pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/155 "2009-06-13T15:07:55Z")
> [@mordak](#): > > School bailout? That would suck balls…my girlfriend was accepted into MIT but declined because the tuition+board would be $280,000 for 4 years in loans. > > Instead she goes to UB, has a 4.0 GPA in Biochemistry + Biomedical Sciences, free tuition+board, and they give her a check to attend UB on top of it. > > Smart girls = :hitit: ugh…you don’t go to MIT for the education, although it is good, you go there for the connections you make. (I am still fucking pissed I got differed from MIT) ---
**Author:** ![nappy1380](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nappy1380/32/7502_2.png) [@nappy1380](https://forums.speedlife.net/u/nappy1380)\ **Post date:** [June 14, 2009, 6:30am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/156 "2009-06-14T06:30:33Z")
> [@cougarspeed](#): > > Right I agree 100% im not saying it is something for everyone but it is certainly and opportunity for those who want a free education that do not feel they can afford it. However most of these people are not interested in sacrifice and hard work. Probably the same reason they justify dropping out of school. :tup: ---
**Author:** ![RedGoober4Life](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/redgoober4life/32/7610_2.png) [@RedGoober4Life](https://forums.speedlife.net/u/RedGoober4Life)\ **Post date:** [June 14, 2009, 7:21am UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/157 "2009-06-14T07:21:36Z")
> [@66impalass](#): > > ugh…you don’t go to MIT for the education, You go for the HOT SEX. ---
**Author:** ![slow84ta](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/slow84ta/32/7265_2.png) [@slow84ta](https://forums.speedlife.net/u/slow84ta)\ **Post date:** [June 15, 2009, 8:05pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/158 "2009-06-15T20:05:24Z")
> [@StrokedZ28](#): > > I think by facts you should try looking up the definition of socialism first. > > Damned if you do damned if you don’t. If Obama let the financial sector completely implode everyone would blame him for not acting aka Hoover. Since he continued the Bush policy of loaning money to large sectors of the economy now you are calling him a socialist. > > I guess in your mind it would be better to simply have 25% unemployment then to have any gov’t involvement. 25% unemployment wouldn’t be good and your right about damned if u don’t and damned if you do :gotme: I’m def not against everything he has done. I’ve just seen and heard of some interesting things. Than again, our government has always had interesting events go on…:spank: > [@Nikuk](#): > > On **October 14, 2008, Secretary of the Treasury Paulson and President Bush** separately announced revisions in the TARP program. The Treasury announced their intention to buy senior preferred stock and warrants in the nine largest American banks. > Yep. Facts. How bout that. Carryon in your ignorance. I wasn’t referring to the government loans :banghead: > [@Nikuk](#): > > Carryon in your ignorance. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [June 15, 2009, 8:16pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/159 "2009-06-15T20:16:02Z")
What were you referring to? Most all of the government bailouts have been loans. In fact, the financial one, which everyone said we’d never see again, is being repaid, with interest, as fast as the government will let them. ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [June 15, 2009, 8:25pm UTC](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012/160 "2009-06-15T20:25:58Z")
I’m not sure what this thread is about now, but I’ll add this: If school was free I’d be getting myself a PhD in something really fucking interesting and really fucking useless. :pimp: [Previous page](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012.md?page=7) [Next page](https://forums.speedlife.net/t/do-students-deserve-a-bailout/69012.md?page=9)