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Diploma DumbosYou signed the papers, just like I did, so you can pay it all back just like I did. Those refusing to pay hopefully will see their credit ratings go in the toilet.
MSN
www.msn.com
Confiscating Inherited Wealth Will Fund Highly Paid Professional TrainingThere will be consequences.
If there is any forgiveness, it needs to come from the schools themselves.
Not the taxpayers.
Use the large endowments, not my taxpaying $$$$'s to pay off these loans.
I paid back my student loans immediately.
But back then tuition rates were reasonable.
Now tuition rates are ridiculous.
The colleges teach students that they are being exploited by rich white people.....and colleges are run by rich white people.
Tuition Is the Head of a Dead HorseLoans are loans no matter who provides them.
Trump never declared bankruptcy. A few businesses he owned a portion of did, but reorganization bankruptcy, not "don't pay your bills and go out of business" bankruptcy.Meh...declare bankrupcy 7 times and then run for President.
Matriculation Is EmasculationWe don't raise strong, intelligent, decent, moral, ambitious and responsible people anymore on the whole.
"From Each According to His Abilities, to Each According to His Greed"Trades pay better, and sooner in the first ten years...
"Avoid Flunking So You Can Become a Flunky"I think that is increasingly the case, yes.
College for the masses has kind of outlived its utility. Used to be that employers viewed someone with a college degree as more mentally flexible and trainable than someone with less education
Generic Mistaken for GeniusGSounds good on it's face and has been going on for years at community colleges but let's face it, if you have some worthless degree in the first place that says a lot about the person that went in debt for it....I'd sure not hire them to the point I'd help pay off their debt.
If the government didn’t hand out subsidized federal loans like candy, schools wouldn’t be getting away with charging $50,000 a year - where colleges resemble a resort. Let kids go back to living in cinderblock dorm rooms and walking over to the cafeteria dining hall, and costs would drop.I paid back my student loans immediately.
But back then tuition rates were reasonable.
Now tuition rates are ridiculous.
The colleges teach students that they are being exploited by rich white people.....and colleges are run by rich white people.
Sounds like a personal problem. They will be fending off the bloodsucking collectors forever. Time for bankruptcy.
Meh...declare bankrupcy 7 times and then run for President.
The Student Loan ‘On-Ramp’: Should You Delay Payments for a Year? - NerdWallet
The on-ramp is meant to protect vulnerable borrowers from the worst consequences of missing payments: delinquency and default. For many borrowers, the new IDR plan could be a better option.www.nerdwallet.com
Our son graduated with his bachelors with no debt.
Our daughter graduated with her JD with about 1/3 the total debt of her peers. She's in the 1.2% of student loan holders who have still been making payments even though payments have been suspended with a temporary 0% interest. That means 100% of her payments have been going directly against principal which will have good long term impacts.
WW
I see how this is going to turn out. Many prosecutors on the left have already been saying they won't prosecute certain crimes. So, this will just be another one added onto the list.You signed the papers, just like I did, so you can pay it all back just like I did. Those refusing to pay hopefully will see their credit ratings go in the toilet.
MSN
www.msn.com
They will get their wages garnished. It happened to a friend of mine many years ago.They will find out the hard way what happens when they don't.
Adults sign papers and have adult responsibilities in most places and ages; it is not new.