Why I Defaulted on My Student Loans

[BaldingSoHard]

i got no student loans. I just use my inheritance to pay for school.

Can I use your inheritance to pay my mortgage? I'm handsome and smart and shyt (bald tho). Lemme know.

 

[Rawtid]

You don't need a student loan in order to go to college.

 

[Guile]

Just get it adjusted and pay on it in small amounts if you have no intention of ever truly having it paid off in your life time.

 

[Ashley Banks]

Can I use your inheritance to pay my mortgage? I'm handsome and smart and shyt (bald tho). Lemme know.

 

[Kane1]

What part of the game is that? So you can't own up to your obligations and you just say "fukk it". This makes it harder for people to get loans and the interest rates go even higher.

Problem is, this dikk head and parents didn't make him attend a college that was clearly affordable. Not everyone can go to a prestige school. Do you take a loan out for Ferrari on an a paper boys salary? No, so why do it here for student loans?

When my kids go to college, they are going to one where they can afford it with no problem. Smarten up

You said it best. I told my kids college is on you....show me you got the hard work and the drive and I'll be there to help anyway I can. That's what my parents did to me and my sisters. Worked great.

 

[BaldingSoHard]

You said it best. I told my kids college is on you....show me you got the hard work and the drive and I'll be there to help anyway I can. That's what my parents did to me and my sisters. Worked great.

Well that's one way to do it.

Personally I've been saving for my kid's college since I was 28. Now all I need to do is actually have kids.

 

[Dat Migo]

My grace period is over and I gotta pay $265 a month

 

[GodinDaFlesh]

 

[KingMalik]

Income based repayment >>>>>

 

[Solano707]

You said it best. I told my kids college is on you....show me you got the hard work and the drive and I'll be there to help anyway I can. That's what my parents did to me and my sisters. Worked great.

Yeah my parents didn't pay for anything and that's because I didn't want to burden them.

 

[Solano707]

My grace period is over and I gotta pay $265 a month

How much you owe breh breh if you don't mind sharing?

 

[Turbulent]

i forgot who said it on SOHH back in the day but they said what his friend's parents who were buisness owners did was set up a corporation, put the kid on payroll, use the corporation line of credit to pay for kid's education as a benefit, once the kid graduates, wait a little bit and then have the corporation file bankruptcy. dont know hhow true or legal all of this is or even if it makes sense but i was

 

[Tunez]

This guy is crazy

 

[Dat Migo]

How much you owe breh breh if you don't mind sharing?

Like 21K. Just made a $3700 payment though

 

[Solano707]

Like 21K. Just made a $3700 payment though

Keep it up breh

Dap+rep