Student Debt Crisis

mamba

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My biggest mistake was taking loans for a grad school education that I'm come to realize I didn't really NEED to have for any reason besides to check off a box in the "Preferred Qualifications" section of a job application. Had I just stuck by my bachelor's, I would have manageable debt. But a debt is only as manageable as your salary is.

If I could do it over ...

It's only manageable as your salary and expenses.

Most people still want to live thr nice life, even with crazy monthly payments hanging over their heads.
 

mamba

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peppe

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Brehs how the hell are they legally raping you like that, what I'm reading from all those stories is that people begint with X amount and after Y amount of years. it's X amount + XXXX :ohhh:

Man that must be a scary feeling paying your loan on time and still have more debt then your started
 
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Wink Beaufield

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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.

To make things worse, you cant discharge a student loan in bankruptcy either.
 

benjamin

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People are aiming higher than that breh, 27 is peanuts

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you nikkas is living fantasies talkn about $27 an hour aint shyt :russ:while you living wit moms.:lolbron:

i got fam supporting they children off $8 an hour, people with masters hardly being able to get $12 an hour but $27 an hour aint shyt? :mjlol: yall nikkas need to wake up man..I'm not sayinig im balling but I'll be COTDAYMN if I aint doing well for myself...no shade to those making less but get real b. I got no debt, no student loans and own a home..I'm content with what I'm making.
 

badtguy

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Nikkas still crying, how about you dumb nikkas make a thread about finding jobs that will pay for your school or repay loans.

Like this whole cry baby threads about shyttybjoba, shytty loans, black women white women all wen getting lame and not funny anymore.

I know someone who has 250,000 in debt she doesn't care she's a pharmacist make $70 and hour. Stop bytching if you racked up loans with a worthless degree that's your fault. Even I have a shytty degree with over 60,000 in loans but I make great money and wouldn't change if for anything my job is paying for my masters.
 

mamba

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Brehs how the hell are they legally raping you like that, what I'm reading from all those stories is that people begint with X amount and after Y amount of years. it's X amount + XXXX :ohhh:

Man that must be a scary feeling paying your loan on time and still have more debt then your started

It's that interest, breh.

Their payments never chip away at the principal.

You've got to pay way more than the bare minimum each month. The bare minimum will only address the interest payments!
 
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