Student Debt Crisis
- Thread starter mamba
- Start date
The fact is that these colleges, banks, and employers are too greedy for their own good. Yall hate the fact that people want these institutions to FINALLY have accountability for their actions and not just ill informed people.
Even STEM majors are making less than 50k with cost of living out of control. Stop
for these current situation.
St Johns and the gubment can kiss my tail...I ain't ever gonna pay off my loans 
Nah I'm just playin...another 10 years and I'll probably be a payment or two away lol
Nah I'm just playin...another 10 years and I'll probably be a payment or two away lol
Just as a side note, anyone graduating high school or thinking of going back to school should really consider going to school for trading if there goal is to make money. There are many schools that specialize in trading the markets that will give just about anyone a loan. In a few weeks you can go from not knowing anything to knowing enought to make you a wealthy person with a few hundred $$$'s
10k but thats fukking pennies compared to some of what y'all have to deal with.
If I got into Harvard for an MBA would def go bit that shyt is like 275K Canadian.
If I got into Harvard for an MBA would def go bit that shyt is like 275K Canadian.
10k but thats fukking pennies compared to some of what y'all have to deal with.
If I got into Harvard for an MBA would def go bit that shyt is like 275K Canadian.
I wouldn't take on that debt just because it's Harvard. Especially if you can go to another T-10 MBA program for free, potentially.
Would you choose to pay full price for Harvard over a free ride at Wharton, for example?
If you can get into Harvard, you can get into Wharton. Wharton would be more likely to throw money at you, lest they lose you to Harvard.
Harvard doesn't care about losing you. Some other rich cac or rich international student has no problem paying full price.
A big thing though, is that there are thousands of websites dedicated to financial aid and academic financial literacy, hundreds of articles published every year about it, interactive games and programs about it, massive online forums with others well-versed in paying for college, etc.
If you got caught up with an insane amount of student debt after '07, its because you didn't even bother to Google.
And that's why there isn't as much sympathy, even reading some of the stories in the OP, it sounds ridiculous a lot of the time.
People taking out 100k in loans for an online degree, 50k for a semester of acting, 200k for an online MBA, basic stuff that you have to be a simpleton to fall into.
There are people who honestly were tricked by schools or were caught up in tuition hikes (like NYU students) and then there are people who were being foolish from the start, took out 125k for a Bachelors of Business Administration from Devry and are jobless with nonexistent credit.
If you got caught up with an insane amount of student debt after '07, its because you didn't even bother to Google.
And that's why there isn't as much sympathy, even reading some of the stories in the OP, it sounds ridiculous a lot of the time.
People taking out 100k in loans for an online degree, 50k for a semester of acting, 200k for an online MBA, basic stuff that you have to be a simpleton to fall into.
There are people who honestly were tricked by schools or were caught up in tuition hikes (like NYU students) and then there are people who were being foolish from the start, took out 125k for a Bachelors of Business Administration from Devry and are jobless with nonexistent credit.
That's great, breh! How'd you do it?
I took a 5 year break and stacked beard by living at home. All that rent money that I would have spent went right into my bank account.
I'm going to save about 30,000 in interest alone. After I graduate I'll buy a new car.....which essential Would be free of you think about it
If he got into BigLaw, BigFed, a SCOTUS or DC Circuit Clerkship, or a high-paying PI position he did.My homie took out 200k for NYU law. No undergrad debt though
I wonder if he made the right decision
If he's unemployed, he might as well off himself.
Those are a lot of IFs!
Too many people out here gambling with $100K-200K!
They'd be better off sinking that into a few small business ventures! Problem is no one will give you a loan for that shyt. Banks would want to see your business plan, etc. to assess whether or not you can service the debt.
But, the government and private institutions will give you a shytload a money with no proof that you can actually pay that shyt back!
Lol, those "'ifs" comprise about 70-80% of each NYU law class. As long as you do your work at NYU and go to OCI, you should have no issue getting a good, high-paying job.Those are a lot of IFs!
Too many people out here gambling with $100K-200K!
They'd be better off sinking that into a few small business ventures! Problem is no one will give you a loan for that shyt. Banks would want to see your business plan, etc. to assess whether or not you can service the debt.
But, the government and private institutions will give you a shytload a money with no proof that you can actually pay that shyt back!
Law school isn't nearly as much of a gamble as people think it is, if you go to a good school, and do at least average, you should be set.