I made my own sacrifices as well, but it's not like I was turning down grant money because I wanted to do it on my own. If anyone wants to voluntarily help me pay my loans, I will take it.
Apparently she shouldn't. She should live with her poor choices and deal with the fact that she decided to do something that caused her to get stuck with an extremely expensive problem that would probably keep her from being financial independent. It's not up to other people to help her out of her own mess.
I feel like I'm have a discussion about abortion right now, to be honest. It's extremely uncomfortable.
Well, it's not as though all the lenders just wrote off her debt either. She received $12k so far. That means she's still on the hook for $188k. It's not like cutting cable for a year is going to cover that. She is definitely still living with her choices and will be for a long, long time.
Well, it's not as though all the lenders just wrote off her debt either. She received $12k so far. That means she's still on the hook for $188k. It's not like cutting cable for a year is going to cover that. She is definitely still living with her choices and will be for a long, long time.
Indeed, but the idea that even $12k was given to her is apparently a problem. Hell, the fact that she even asked for that. Which is what I meant.
To be clear, I think almost everyone is completely spazzing out for no reason. And I think there's a lot of misplaced irritation that this girl got some money (or asked for some money) from other people to pay for some loans that she should have known better than to take out. Which, like I said, comes back to "I didn't get help with my loans/had to sacrifice studying overseas/had to go to a less expensive college and I'M not asking for money from strangers. Why should she? Suck it up and deal with it all."
I'll own up to being irrationally perturbed, but I'm not perturbed for the whiny reasons you've listed. I get that she's royally fcuked with her loans, and that sucks. Just like there are a lot of people royally fcuked because they're upside down on their mortgages or have tons of credit card debt or took out a hundred grand in law school loans and can't get a job.
Is there any reason she shouldn't just declare bankruptcy?
Indeed, but the idea that even $12k was given to her is apparently a problem. Hell, the fact that she even asked for that. Which is what I meant.
To be clear, I think almost everyone is completely spazzing out for no reason. And I think there's a lot of misplaced irritation that this girl got some money (or asked for some money) from other people to pay for some loans that she should have known better than to take out. Which, like I said, comes back to "I didn't get help with my loans/had to sacrifice studying overseas/had to go to a less expensive college and I'M not asking for money from strangers. Why should she? Suck it up and deal with it all."
I'll own up to being irrationally perturbed, but I'm not perturbed for the whiny reasons you've listed. I get that she's royally fcuked with her loans, and that sucks. Just like there are a lot of people royally fcuked because they're upside down on their mortgages or have tons of credit card debt or took out a hundred grand in law school loans and can't get a job.
Is there any reason she shouldn't just declare bankruptcy?
Yes. Student loans are generally not dischargeable in bankruptcy.
I'll own up to being irrationally perturbed, but I'm not perturbed for the whiny reasons you've listed. I get that she's royally fcuked with her loans, and that sucks. Just like there are a lot of people royally fcuked because they're upside down on their mortgages or have tons of credit card debt or took out a hundred grand in law school loans and can't get a job.
Is there any reason she shouldn't just declare bankruptcy?
Yes. Student loans are generally not dischargeable in bankruptcy.
She will probably graduate with less than $15,000 in debt but with enough connections and good experience to land a job before the ink on her diploma dries.
not in SLP.
you need a Master's degree (2 years after undergrad - 3 years if you haven't taken all the prereqs), a clinical fellowship (1 year), and your Certificate of Clinical Competence (after passing national Praxis).
but it sounds like she's on the right track!
I was gonna ask if tacom babysat for speedy. LOL ;D
Yeah, my friend’s daughter is going to Northeastern & it is $50K a year. She is in a 5 year program, so that would be $250K. Fortunately, my friend works very hard & is able to pay for it in cash, so her daughter has no student loans. I’d cry if I had that much in SL.
Don't you mean "fortunately my friend works very hard AT A HIGH PAYING JOB"? My parents worked very hard too and there is no way they could hae paid 250k for my education...
Anywho I don't care if someone wants to accept donations to pay off loans, more power to her for being creative.
I also think it is total BS that any degree should cost that much, that student loan rates are so high that people can't make reasonable payments and actually make any progress toward paying them off, and that there is not the education readily accessible to students taking out loans. Sure, those with the initiative to do the research may know what they are getting into, but many kids/young adults don't know what they don't know so don't realize they need to be doing that research.
you need a Master's degree (2 years after undergrad - 3 years if you haven't taken all the prereqs), a clinical fellowship (1 year), and your Certificate of Clinical Competence (after passing national Praxis).
but it sounds like she's on the right track!
I was gonna ask if tacom babysat for speedy. LOL ;D
Yeah, my friend’s daughter is going to Northeastern & it is $50K a year. She is in a 5 year program, so that would be $250K. Fortunately, my friend works very hard & is able to pay for it in cash, so her daughter has no student loans. I’d cry if I had that much in SL.
Don't you mean "fortunately my friend works very hard AT A HIGH PAYING JOB"? My parents worked very hard too and there is no way they could hae paid 250k for my education...
Anywho I don't care if someone wants to accept donations to pay off loans, more power to her for being creative.
I also think it is total BS that any degree should cost that much, that student loan rates are so high that people can't make reasonable payments and actually make any progress toward paying them off, and that there is not the education readily accessible to students taking out loans. Sure, those with the initiative to do the research may know what they are getting into, but many kids/young adults don't know what they don't know so don't realize they need to be doing that research.
Well, it’s not really that much of a ‘high paying job.’ She is in direct sales & works off of commission. So the more she works & smarter she works, the more she makes. Look, I work very hard too, but not as smart. So I’m not in that position yet either. I didn’t mean that other people who don’t make that income, don’t work as hard.
Post by phunluvin82 on Aug 24, 2012 11:15:00 GMT -5
A commenter on the Gawker article wrote: "This strikes me as exactly the kind of trouble people got in to with subprime mortgages, they were offered money despite the fact that there was no reason to believe they could pay it back, and they accepted it without considering if what they were buying was worth the price."
You can say 'people should have known better' all day long...but the same way there were predatory and deceptive mortgage lenders/practices happening pre-housing bubble burst...I really think the same think is going on a lot with SL's.
I don't think you can place the blame solely on individuals for not 'knowing better' when it is obviously such a huge and sytemic problem. *Some* blame on individuals? Sure. But let's not overlook or minimize all the other factors that have allowed this to become an ever increasing national problem...just like what happened with mortgages.