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.
What kind of car did they buy you then?
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.
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.
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.
How about NO bailouts?
I’ll pay my own college debt, thank you.
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.
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:
: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.
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…
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.
I paid for mine via hard work.
If YOU decide to go to school, YOU can pay back the money.
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.
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)
:tup:
You go for the HOT SEX.
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:
I wasn’t referring to the government loans :banghead:
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.
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: