feelosofer
#ninergang
Student debt is just another form of entrapment. Whats crazy is that even if you are successful it keeps you from owning a house or driving a nicer car.
This will make you
Condemned to DEBT: student loan bankruptcy
Get a salary first and then come talk to me lil guy
Even with a $200/ month loan payment I'm still coming home with 3 times as much as you make with your hourly wage
Exactly. Not everyone is meant to go to college. Not everyone should.Goes to show you people don't ever educate themselves on adult decisions as an adult. Smh...you get a debt you pay the debt.
Why aren't people doing a cost benefit analysis and actually looking into what the degree will provide etc.
Oh bc society thinks EVERYONE deserves college equally and the same experiences. No responsibility. Smh
That's why you can erase it with bankruptcy. They can repossess your house orbcar, they can't repossess your knowledgeAt least with a housing loan or car loan (provided the car isn't depreciating like crazy), you can sell the house or car and recoup some value.
With a student loan, you can't sell that shyt! It just sits there, accumulating interest.
Exactly. Not everyone is meant to go to college. Not everyone should.
I'm gonna tell y'all nikkas something...I went to little ol' York College right in the middle of Jamaica Queens. After I graduated I was working the same jobs as ivy league graduates except with out the student loans. For us 99℅ percenters the school that you graduate from doesn't make a difference.
Not only that, life is long and what you study in school may not be what you ultimately end up doing. Don't let these muthaphuckas lie to you.
Also people need to learn the difference between income and net worth.
I have no empathy for anyone struggling with student loans including my sister that is in med school right now.
Oly way out is death.At least with a housing loan or car loan (provided the car isn't depreciating like crazy), you can sell the house or car and recoup some value.
With a student loan, you can't sell that shyt! It just sits there, accumulating interest.
$175k in student loan debt. Current salary is $38k.
Are student loans bundled into marketable securities and sold?Student loan debt is a bubble.
and when it finally pops.. it will be popping with the other current bubbles that have been blown.
You thought shyt got fixed in 2008?
You don't know how bad shyt is gonna be when this all goes