LOL student loans WACKING these nikkas

[Medio]

This is exactly what I mean when I say that parents are not doing an adequate job of teaching their children any skillsets to at least help them survive in the real world. Most high schoolers have not a single clue as to what compound interest is or how it works. There are 18 year olds who think credit cards are free money. The youth should not be this puzzled on financial matters, especially high school seniors that are months away from entering university. Parents need to do a better job and teach their kids about mortgages, loans, principal, etc. Put down the phone, log off of social media and sit down with your children and prepare them for the next step of life.

Part of the reason that so many college grads are knee high in debt is because they don't understand how loans work (Ironic, given that college is supposed to teach you) and they've never been taught the process of it. Credit card companies begin sending out advertisements as soon as these teens turn 18. They're well aware of how financially clueless the youth is and they market off of the aimlessness of the parents who never did their job of educating their children.

Yea, I wouldn't put all the blame on my parents. My dad is an immigrant who immigrated in his 20s and didn't graduate high school, who had no clue about the college process and my mom just never knew and was not the best financial person herself, she went through a hard financial era one time in her life by being ignorant and was in no position to teach me, on the other hand parents do have a responsibility. With that being said, at least I know my better now and I refuse to let this cycle of not properly knowing finances perpetuate through my lineage.

We can bring kids to prisons and show them how bad it is to not too drugs but we have to do the exact same thing to show them how bad being financial irresponsible is and how this people will and want to scheme you.

 

[godkiller]

This is what I was going for really....a principal job sounds cool, as long as it's overseas....

I'm willing to do whatever it takes to attain what I need, as long as I can get out of this country....

You can get a principal job in NY with only a Masters:

School Principal job - Riverhead Charter School - Calverton, NY

Just do your research, wear a suit, say the right things, mention your PhD.

 

[Tupac in a Business Suit]

This is exactly what I mean when I say that parents are not doing an adequate job of teaching their children any skillsets to at least help them survive in the real world. Most high schoolers have not a single clue as to what compound interest is or how it works. There are 18 year olds who think credit cards are free money. The youth should not be this puzzled on financial matters, especially high school seniors that are months away from entering university. Parents need to do a better job and teach their kids about mortgages, loans, principal, etc. Put down the phone, log off of social media and sit down with your children and prepare them for the next step of life.

Part of the reason that so many college grads are knee high in debt is because they don't understand how loans work (Ironic, given that college is supposed to teach you) and they've never been taught the process of it. Credit card companies begin sending out advertisements as soon as these teens turn 18. They're well aware of how financially clueless the youth is and they market off of the aimlessness of the parents who never did their job of educating their children.

Most of their parents barely know compound interest or how mortgages on homes sink net worth in minority households.

 

[Antiquity]

Yea, I wouldn't put all the blame on my parents. My dad is an immigrant who immigrated in his 20s and didn't graduate high school, who had no clue about the college process and my mom just never knew and was not the best financial person herself, she went through a hard financial era one time in her life by being ignorant and was in no position to teach me, on the other hand parents do have a responsibility. With that being said, at least I know my better now and I refuse to let this cycle of not properly knowing finances perpetuate through my lineage.

We can bring kids to prisons and show them how bad it is to not too drugs but we have to do the exact same thing to show them how bad being financial irresponsible is and how this people will and want to scheme you.

Yep, a lot of parents are in financial turmoil themselves and probably can't even grasp finances good enough to teach their own children about it. In fact, the average U.S. household is $16,000 in debt. So the children are likely just following down the same path as their parents, and the cycle continues. If parents are in debt from their house, car, and shopping addictions (which nearly every single American family is) then it doesn't leave any positive lessons for the children to learn from.

 

[You Win Perfect]

loans don't go that high first of all breh. Max loan amounts are like 10k a year.

max amount you can even get for loans as an undergrad is like 60k.

edit: Loan Limits — Penn State Office of Student Aid

lol @ 30k loan a year. This ain't grad or PHD and shyt

you are 100% wrong
there are multiple loans you can get from gov yearly plus personal loans
i can tell you aint never been to college, i have

 

[Rekkapryde]

i can tell you aint never been to college, i have

I'm a Georgia Tech alum

 

[Truefan31]

college became a problem as soon as it became too hard to work your way through college paying for it. Like most things, if you have to borrow, then it's prolly too expensive.

 

[Truefan31]

As everyone knows, your student loans can't be included in any bankruptcy. I work in a stem field and a lot of my coworkers are swimming in college loan debt. One of my coworkers has a plan to take out as much credit as possible, use that to pay his student loans, and then file bankruptcy. Seems underhanded, but still

I've known a few people to do that. Rack up personal loans, increase credit limits on cc, use it to pay student loan debt, then file bankruptcy. 3-5 years even though the bankruptcy is there on your report, your credit begins to rebuild. I don't condone it (we all have to pay for it in essence). Or they do balance transfers all the time to reduce/eliminate interest.

Student loans in general can only be forgiven through death or being disabled. Or doing programs like public service forgiveness, which is still 10 years.

 

[BucciMane]

Michigan ain't promise her shyt....They told her that if she was good enough then she could earn a scholly. SHE WAS NEVER GOOD ENOUGH. She was a walk on that wasn't that great and she didn't want to admit that on air.

Casie Kelly Bio - Michigan Women's Water Polo - MGoBlue.com

That who it is.....She was stupid af...Just listen to her on the phone, she was proud to say that she went Division 1...Ain't nobody asking you all that and then she said she met the love of her life who played football her senior year. This bytch was a groupie who was thotting and boppin all around ann arbor until one ball player finally wifed her up and he couldn't make a NFL roster. Not to mention he has a bullshyt degree because they want you to be eligible not set you up for life

Bruh. I go to University of South Carolina.....This bytch is a what we call a JC=Jersey Chaser. Basically if you play a sport you can hit.

Her debt comes from her paying out of state for 4 years. SHE PAID to go to Michigan. She got what she deserved.

She deserves NO sympathy at all like you are saying. She PLAYED division one water polo (Oh, wow, such great career opportunities come out of that....) and didn't have a scholarship. She could have just stayed in FL and gone to school there. And, if the school "promised" (I don't believe her) a scholarship and she didn't get it, she should have changed her schooling plans.

She was justifying HARD when she kept saying she found the love of her life and all of that bull-shyt..

 

[HookersandIceCream]

A lot of those people really aint had no choice. Some of them came from poor backgrounds and had no help entering college.

 

[Truefan31]

I think sooner rather than later you'll see a shift back to trades. There's a shortage of good tradesmen because people are brainwashed to think college is the only way. Soon people should realize they can learn a lifetime skill for much cheaper, become their own boss, and eat great for life.

shyt my childhood friend is a convicted felon learned a trade and now owns his own company. He clears over 300k and he's his own boss. Smh go figure I do the "right" route n he outearning me by a ton.

 

[Turbulent]

Breh in freshman year they had us take a art class. All the professor did was talk about sports and his time in france.

Then we had to buy the book and buy the latest edition which was like edition 9 or 10. Book was 200 bucks. Come to find out the professor was the author of the book.

Then after the semester which was spring semester I could only get 25 bucks for that worthless book cause in the fall the professor had a new edition coming out....

My boy in the class was like damn they running game like a referee at this university........

classic professor hustle. And you already know the new edition is the same exact shyt except a few sentences and pics changed so that the pages don't match

 

[Mars Blackmon]

I think sooner rather than later you'll see a shift back to trades. There's a shortage of good tradesmen because people are brainwashed to think college is the only way. Soon people should realize they can learn a lifetime skill for much cheaper, become their own boss, and eat great for life.

shyt my childhood friend is a convicted felon learned a trade and now owns his own company. He clears over 300k and he's his own boss. Smh go figure I do the "right" route n he outearning me by a ton.

I'm an ex union tradesman and I can vouch that there's money to be made in the trades especially if you go union. I work in stem and I'm still not making as much as I did when I was a tradesman but I got out because I got tired of manual labor, dealing with racist redneck cacs and the writing is on the wall for organized labor. Like you said best thing to do is learn a trade and go off on your own and start a business.

 

[Truefan31]

I'm an ex union tradesman and I can vouch that there's money to be made in the trades especially if you go union. I work in stem and I'm still not making as much as I did when I was a tradesman but I got out because I got tired of manual labor, dealing with racist redneck cacs and the writing is on the wall for organized labor. Like you said best thing to do is learn a trade and go off on your own and start a business.

Yeah I'm a union worker now (money is good), my boy learned to be an electrician. Worked for a company for about 5 years then started his own shyt. Now he cakin. On top of that he got connects for basically any other trades.

 

[Wild self]

college became a problem as soon as it became too hard to work your way through college paying for it. Like most things, if you have to borrow, then it's prolly too expensive.

Some of these professors and administrators need to be beaten to death.