Question: Student Loan Repayment (to pay or not to pay)
06-17-2014, 01:11 PM
#76
I sat next to a family at a restaurant the other day. One of the kids was at the table essentially saying the same thing. Talking crap about second tier schools and things like that. Saying someone's choice to go to princeton was stupid because it wasn't as good as where he was going. Blah blah blah. Lawyer... private sector... my degree equals higher pay... blah blah. I'm so smart they're so dumb... blah blah.
Made me sick. I literally stuff my food down my face paid and left. I couldn't listen to it anymore. Kids mom kept looking over me. I wanted to get up and slap the kid in the head.
I honestly wish I had a degree. If I had a degree along with my experience I wouldn't have the work issues I have and I'd quite honestly make $25-45k a year more. but still....
Made me sick. I literally stuff my food down my face paid and left. I couldn't listen to it anymore. Kids mom kept looking over me. I wanted to get up and slap the kid in the head.
I honestly wish I had a degree. If I had a degree along with my experience I wouldn't have the work issues I have and I'd quite honestly make $25-45k a year more. but still....
06-17-2014, 04:29 PM
#77
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didn't read through the whole thread, but IMO you should pay it back, it will help you in a lot of ways, especially your credit.
when i finished school I had about 60k in student loans...i used that as motivation to look for a career and pay off the loan; I did not want to depend on my parents/siblings/government...etc...
It was a lot of money that I did not have but I'm also glad because it help pushed me to become who I am today. I'm now down to less than 30k in 5 years (doing a 10 year plan)
when i finished school I had about 60k in student loans...i used that as motivation to look for a career and pay off the loan; I did not want to depend on my parents/siblings/government...etc...
It was a lot of money that I did not have but I'm also glad because it help pushed me to become who I am today. I'm now down to less than 30k in 5 years (doing a 10 year plan)
06-17-2014, 05:28 PM
#78
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didn't read through the whole thread, but IMO you should pay it back, it will help you in a lot of ways, especially your credit.
when i finished school I had about 60k in student loans...i used that as motivation to look for a career and pay off the loan; I did not want to depend on my parents/siblings/government...etc...
It was a lot of money that I did not have but I'm also glad because it help pushed me to become who I am today. I'm now down to less than 30k in 5 years (doing a 10 year plan)
when i finished school I had about 60k in student loans...i used that as motivation to look for a career and pay off the loan; I did not want to depend on my parents/siblings/government...etc...
It was a lot of money that I did not have but I'm also glad because it help pushed me to become who I am today. I'm now down to less than 30k in 5 years (doing a 10 year plan)
06-17-2014, 08:30 PM
#79
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Yeah. It's a good idea if either the payments you have now are too difficult to manage, or if you want to pay less interest. Given you have loans where you don't get penalized for paying off early, lowering your payments and extending the term makes it easy to chip in larger payments and pay off the principal faster, leaving you with less interest to pay in the end. It's what I did with my car and I calculated it to under $500 in interest the bank got out of me.
06-17-2014, 08:42 PM
#80
plot twist: depressed and in debt; OP kills himself after an onslaught of harsh criticism and personal attacks from online forum mob.
seriously, let's show some respect to each other.
plot twist plot twist: he faked his own death after learning that he can only get rid of student loans by paying off or death from this thread. planed by M. Nightshamamamlalalon all from the start.
moral of the story? MO MONEY, MO PROBLEMS!
seriously, let's show some respect to each other.
plot twist plot twist: he faked his own death after learning that he can only get rid of student loans by paying off or death from this thread. planed by M. Nightshamamamlalalon all from the start.
moral of the story? MO MONEY, MO PROBLEMS!
06-17-2014, 08:50 PM
#81
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plot twist: depressed and in debt; OP kills himself after an onslaught of harsh criticism and personal attacks from online forum mob.
seriously, let's show some respect to each other.
plot twist plot twist: he faked his own death after learning that he can only get rid of student loans by paying off or death from this thread. planed by M. Nightshamamamlalalon all from the start.
moral of the story? MO MONEY, MO PROBLEMS!
seriously, let's show some respect to each other.
plot twist plot twist: he faked his own death after learning that he can only get rid of student loans by paying off or death from this thread. planed by M. Nightshamamamlalalon all from the start.
moral of the story? MO MONEY, MO PROBLEMS!
06-18-2014, 08:36 AM
#82
I respect the general opinion that it is responsible to make good on your promises as an adult. The true motivation for asking this was to see whether or not there are any like minded people that would agree that loans are a part of an incorporated system where there is NO person on the other end. And this system is part of a bigger system where corporations screw over the average adult, in America and in other places. For me not wanting to pay back a loan is more of wanting to 'stick it to the corp' who is screwing over millions of people vs shirking my responsibilities and obligations as an 'adult.' Probably a question for a different kind of forum.
06-18-2014, 09:19 AM
#85
I think a Honda or Chevy forum would generate a more sympathetic response.
06-18-2014, 11:45 AM
#90
Yes, giving up your car would be hard to do. But it would pay off most your debt, and save you money on gas since you're looking for a commuter. That would potentially be the best solution for your future. But are you willing to make a sacrifice?
No one is trying to harm you. But if you choose to have selective hearing and only listen to what people say when they are in agreement, or propose a solution that you think is in line with your train of thought then you can't hold it against us if we fire back.
