Dear Babyboomers and Generation X

[rightwinger]

If you could get rid of student loans via bankruptcy, a huge amount of people would use it to escape their promise to pay.

It would also make it much more difficult for an 18 year old to get a student loan

 

[AmyNation]

Well yes, but I could file the day I graduated, and then use my degree to get a job afterward.


I think encouraging and giving 18 year olds the ability to take out excessive amounts of student loans is a bad idea, but I also think giving them the ability to just walk away after they've put themselves 100k in the hole isn't an answer either.

 

[Truthmatters]

when I got out of college the interest rates on a home were arround 18%.

I thought I would never be able to own a home.

 

[boedicca]

Well yes, but I could file the day I graduated, and then use my degree to get a job afterward.


I think encouraging and giving 18 year olds the ability to take out excessive amounts of student loans is a bad idea, but I also think giving them the ability to just walk away after they've put themselves 100k in the hole isn't an answer either.

The bankruptcy law could very easily be written to prevent that type of gamesmanship.

 

[Truthmatters]

Historic Mortgage Rates

OP I know it looks bad now but believe me it will get better.

This country will get its shit together.

It always does the right thing after trying everything else.

that momment is about to come.

 

[thanatos144]

Historic Mortgage Rates

OP I know it looks bad now but believe me it will get better.

This country will get its shit together.

It always does the right thing after trying everything else.

that momment is about to come.

You are completely stupid. Low interest rates are artificial and are causing more harm then good.

 

[Truthmatters]

only in your nutters mind.

do you think 18 percent is better?

really?

 

[thanatos144]

only in your nutters mind.

do you think 18 percent is better?

really?

Educate yourself

 

[boedicca]

only in your nutters mind.

do you think 18 percent is better?

really?

Stupid strawman argument as always. The only two choices are not ZIRP and 18%.

 

[EdwardBaiamonte]

Universities are just legal ways the academic elite can rob you and feel better then you....

let's not forget that when a market works so badly it is always because of liberal interference . The libturds pumped up the housing market to cause the current housing depression and now they are pumping up the college education market that will one day burst too.

 

[thanatos144]

Anyone else notice that the op does not take any responsibility for where she is? Instead like a good progressive educated cog she blames the generations behind her...... Pathetic.

 

[Sunni Man]

Your college graduate can't find a job and is still living in your basement? Not giving you grandchildren fast enough (because having kids while unemployed is just pure genius); or perhaps your college educated daughter has gone into the adult industry because she is not welcome elsewhere employment wise; and you don't like it? Because its sinful, immoral, or trashy?

With all due respect, generation Y are not the ones who took out loans and mortgages we could not afford and thus destroying the economy. You had the luxury of graduating under more normal circumstances and when you got laid off you could simply move down to the entry level jobs that were once meant for college graduates, and now there are none left for us. We are suffering for YOUR mistakes. You have alot of nerve judging us for doing what we have to do to survive. Yes I work in the adult industry, I have a Master's degree; I had good grades worked during college and had many internships. The only full time job I could find on the straight n' narrow path is overnight awake and pays $12, who is supposed to survive on that?! Not to mention I've got student loans to pay. I continue to search everyday for a job; but in the mean time escorting is the only way I can pay my student loans and make ends meet; and how DARE you judge me for doing what I have to do to survive while I'm paying the price for YOUR FINANCIAL SCREWUPS! "It's immoral, its sinful" STFU! Morality won't pay my student loans anymore thanks to you.

I did everything right, went to school, stayed out of trouble, didn't do drugs, and got a masters degree. I did everything your generation told me to and now look where I am. You know what? I'm no longer going to listen to the same people who screwed my generation over; I'm going to go the non traditional route because its how I pay my student debt, eat, and make a living.

And for the love of god stop complaining that our generation is waiting too long to get married and have kids, ITS BECAUSE WE CAN'T FIND JOBS!!!!!!! Again, thanks to your generation. Not getting grandkids fast enough? Shouldn't have out that mortgage that you had no business taking out. You can all sit in your moral high horses during your cozy 9-5 jobs that are no longer available to my generation and stuff it!

You were very fortunate to graduate in the times that you did. In the mean time, either do something to clean up the mess you made or STFU!

Sincerely,

Pissed off Generation Y

 

[jillian]

Life suks in this awful Obama economy.
But he was voted in for a second term so ....

Ha Ha Ha ........

Couldn't possibly have anything to do with the radical right brats in the house, could it?

 

[uscitizen]

Universities are just legal ways the academic elite can rob you and feel better then you....

let's not forget that when a market works so badly it is always because of liberal interference . The libturds pumped up the housing market to cause the current housing depression and now they are pumping up the college education market that will one day burst too.

Yep always the liberals fault....
Sigh...

 

[uscitizen]

Life suks in this awful Obama economy.
But he was voted in for a second term so ....

Ha Ha Ha ........

Couldn't possibly have anything to do with the radical right brats in the house, could it?

Now Jilian, everyone knows that offshoring creates jobs here at home.
And Tax cuts finiance a couple of wars.
One of the totally unnecessaty and the other far too long.
We've more than enough problems here we have no business nationbuilding halfway around the world.

 

[Truthmatters]

only in your nutters mind.

do you think 18 percent is better?

really?

Educate yourself

HAHAHAHAHAHHAHA


really you think it is better to have an 18 percent interest rate than what we have now?

 

[EdwardBaiamonte]

Universities are just legal ways the academic elite can rob you and feel better then you....

let's not forget that when a market works so badly it is always because of liberal interference . The libturds pumped up the housing market to cause the current housing depression and now they are pumping up the college education market that will one day burst too.

Yep always the liberals fault....
Sigh...

you mean the libturds are not interfering in housing and education and responsible for the calamities in both?????????????????????????
As a liberal you lack the IQ to counter- right?? Sorry

 

[Nova78]

Your college graduate can't find a job and is still living in your basement? Not giving you grandchildren fast enough (because having kids while unemployed is just pure genius); or perhaps your college educated daughter has gone into the adult industry because she is not welcome elsewhere employment wise; and you don't like it? Because its sinful, immoral, or trashy?

With all due respect, generation Y are not the ones who took out loans and mortgages we could not afford and thus destroying the economy. You had the luxury of graduating under more normal circumstances and when you got laid off you could simply move down to the entry level jobs that were once meant for college graduates, and now there are none left for us. We are suffering for YOUR mistakes. You have alot of nerve judging us for doing what we have to do to survive. Yes I work in the adult industry, I have a Master's degree; I had good grades worked during college and had many internships. The only full time job I could find on the straight n' narrow path is overnight awake and pays $12, who is supposed to survive on that?! Not to mention I've got student loans to pay. I continue to search everyday for a job; but in the mean time escorting is the only way I can pay my student loans and make ends meet; and how DARE you judge me for doing what I have to do to survive while I'm paying the price for YOUR FINANCIAL SCREWUPS! "It's immoral, its sinful" STFU! Morality won't pay my student loans anymore thanks to you.

I did everything right, went to school, stayed out of trouble, didn't do drugs, and got a masters degree. I did everything your generation told me to and now look where I am. You know what? I'm no longer going to listen to the same people who screwed my generation over; I'm going to go the non traditional route because its how I pay my student debt, eat, and make a living.

And for the love of god stop complaining that our generation is waiting too long to get married and have kids, ITS BECAUSE WE CAN'T FIND JOBS!!!!!!! Again, thanks to your generation. Not getting grandkids fast enough? Shouldn't have out that mortgage that you had no business taking out. You can all sit in your moral high horses during your cozy 9-5 jobs that are no longer available to my generation and stuff it!

You were very fortunate to graduate in the times that you did. In the mean time, either do something to clean up the mess you made or STFU!

Sincerely,

Pissed off Generation Y

Welcome to Obama world, illegals have the jobs ,and unless your Bilingual your screwed anyway in social work ...........

 

[Nova78]

In Obamanation a $12.00 an hour job is considered Good pay .

 

[EdwardBaiamonte]

In Obamanation a $12.00 an hour job is considered Good pay .

but don't worry Barry will fix it all when in a few years he has finally eliminated Bush's ongoing influence on the economy!!