My problem with student loans is that the interest COMPOUNDS DAILY
You can allocate as much money as you want per month but the interest grows daily so by the end of the month you could owe an additonal 200-500 of pure interest alone.
My problem with student loans is that the interest COMPOUNDS DAILY
Hahahaha, sucker.
Unironically LLM will destroy this whole sham industry desu
Last payment: $1,200
And here I thought paying my $900 mortgage payment sucked ass.
What happens if you just...don't pay it? Do they garnish your wages?
I currently am not required to make payments, so I put arbitrary numbers in. once payments resume in august i will be requred to pay $850 a month
i plan to put as much as I can before this happens so the interest will be lower overall
My problem is if it’s such a fucking problem why aren’t they getting rid of the loans in the first place?
Oh yeah because solving the problem isn’t very kosher.
I'm in forbearance. Not gonna pay it anyway. They can garnish my asshole.
Yes. You can't declare bankruptcy on student loans.
What always amazes me is how every system in the US is basically made to attack you, unless you're a boomer or a nigger (or jewish niggers) in which case you get free money and a cookie.
we need more engineers, lawyers and accountants!
FUCK YOU, YOU GOT A DEGREE? EAT SHIT NIGGER YOU GOTTA PAY IT BACK
Oh and the retarded tradies who aren't smart enough to realize if there is no middle class no one is going to pay top dollar to get their bathroom remodeled or whatever and their business goes under.
Really, american society is just wholly about being a fucking asshole and seeing how long it lasts.
I agree with you.
$67k
Those are rookie numbers, you need to pump those way up. I'm dumping closer to a quarter million when I leave this country, and no, I'm never, ever paying it back, suck my cock.
That was my problem, too. Good thing I didn't take any. Why did you?
You could have just worked a job for a few years, saved up and purchased an appropriate level of courses to your finances.
Yeah you should have realized this within your first month of graduation and refinanced.
there’s no saving money if you move out and get an entry level unskilled job and have to pay exorbitant rent and car payments just to barely survive and function
In 2008 everyone told me college is for smart people and trade jobs are for poor rednecks and you'll never make more than 40k without a degree.
idiot's math.
Okay. I can see why you want to be educated, but for what you spent, you didn't get educated
reminder that this was never a problem until obama nationalized all the student loans
Damn you'd be so rich right now if you put that loan into crypto instead of jewish communists piggy bank
Boomer father in law runs a local telecom
requires employees to have a 4yr degree
17/hr starting, max salary increase of 1/hr for up to 5 certifications, so max possible pay is 22/hr
regardless of inflation, max 2% cola a year
fired if you dont get a new car every three years because "makes me look bad if cutomers see beaters in our employee parking lot"
no bus takers allowed
must pay for a cell phone through the company for 120/mo and buy a new iphone yearly so "nobody has an excuse that their phone broke to be late to work"
when an employee leaves, graciously offer to be a reference then tell prospective employers that the employee was a lazy sack of shit and he regrets not firing them sooner. if they dont get the job fire them for trying
Pretty funny watching his company die because everyone hates him
I'll have mind paid off in 2 years because I'm not awful with budgets. If you can't pay off your loan it's a skill issue.
Not going to college is one of the best decisions I've ever made. $0 debt. Zero problems.
(((Interest)))
Im trying my best. i only take home $3800 a month
Sounds like a whole lot of not my problem. You made this choice.
Eliminating interest is the only way to get support from Republicans and Democrats. Democrats want to buy voters by cancelling student loan debt and Republicans want to keep them from doing that. Neither side has a good argument for doing what they'd like to do. If interest was removed, I would have my loans paid off years ago, but I've had ~$10k left, just lingering there forever. I doubt they will eliminate interest, though. Interest is a jewish concept and the AIPAC handlers would be up in arms if they didn't get their free money.
Sorry you got scammed anon
The kikes at the banks : WE NEED TO TURN THIS INTO A CDO FOR DEBT MARkETS!!!!
Boomers could and were last generation that could do it.. They made it illegal. Pull yourself up by the boot straps.
i paid half my loans off during the multi-year pause. what were you doing?
Stop being a whiney faggot and pay your debt.
Only half? Poorfag.
200k is a lot to owe even if you make a high salary
White boi problems.
My nigga just showed me this 2024 email from Biden about helping Murican families and sheit.
He's from Iraq but spent a few years in USA, got a passport.
Says he never applied to any forgiveness program.
Looks like the Jews just seek out browns to bestow gibs while white bois are ignored. So you're dumb for paying, lmao
Loancucks btfo!
Wages, tax returns, profits from property sales (haha), basically any income that gets reported can be used to pay a loan in default.
I heard bongs can cancel their student debt just by being out of the country for like 4 years. Classic wacky bong Monty python absurdism
Oh well. Get Fucked. You followed the pied piper. Pay up bitch. Israel needs a new airport.
higher eduction in the united states is for third world browns.. it is not for poor white or poor black americans, at all.. third world brown, is the new standard in diversity.. the black man is just another american.. as well, if your student body is all third world brown, you don't really have to do or teach anything, you can just focus on leftist causes that are being funded by USAID
If only that information was available at the time of taking out the loan. Oh wait....it was. People are just financially ignorant
Wow sucks to be you. Personally I chose not to take on jewish slave debt to get marxist indoctrination for four years
Yea the interest is high because murrica but your claim still doesn't make much sense. If you allocated half or all the money required, your debt would be half or fully gone. Surely even burger banks can't charge interest on what's no longer owed the next month?