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SVTPerformance's Chain of Restaurants
Road Side Pub
Student Loans: Who's got em, and who thinks its a bubble
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<blockquote data-quote="08mojo" data-source="post: 16074672" data-attributes="member: 132915"><p>I'm glad to see you changed your answer, but sadly there are many that think along these lines. I busted my ass in school, worked multiple jobs and came out debt free. I watch A LOT of 'kids' party their ass off, drive nice cars and lived in nice places--but they were in debt beyond imagination. I sincerely hope they are not rewarded for their lack of discipline by having their loans excused--which would mean I would have to pay for them through taxes. I'm tired of paying for those who made bad choices.</p><p></p><p></p><p></p><p>Was he out of state? I was fortunate enough to have grown up here so I paid in-state tuition at GT.</p><p></p><p></p><p></p><p>You and I went down similar paths. I started at a community college and lived at home through most of my core classes. I was fortunate enough to have parents that let me live at home rent free and paid for some of my food (at home meals). Living rent free was the biggest kicker. I understand I was very fortunate in this regard, and it was a tremendous help that allowed me to have zero debt out of college. At the same time, I know plenty of people that wanted to party and live on their own...so they refuted the offer from their parents to stay at home.</p><p></p><p>It also took me nearly 8 year to graduate with a BS degree. I had to alternate working full time and going to school--I still worked part-time during school, but it allowed me to avoid loans.</p><p></p><p></p><p></p><p>A lot of truth in this post!</p><p></p><p></p><p></p><p>I think it's also due to demand. More and more people are viewing college as a requirement vs an option. I don't think it's needed for everyone--especially those that pursue to worthless degree.</p><p></p><p></p><p></p><p>There are plenty of technical schools for those trades...</p><p></p><p></p><p></p><p>That story is hard to read...and I feel for her, but that doesn't sound like a very well thought out plan. How in the world do you rack-up $275k in college debt?</p></blockquote><p></p>
[QUOTE="08mojo, post: 16074672, member: 132915"] I'm glad to see you changed your answer, but sadly there are many that think along these lines. I busted my ass in school, worked multiple jobs and came out debt free. I watch A LOT of 'kids' party their ass off, drive nice cars and lived in nice places--but they were in debt beyond imagination. I sincerely hope they are not rewarded for their lack of discipline by having their loans excused--which would mean I would have to pay for them through taxes. I'm tired of paying for those who made bad choices. Was he out of state? I was fortunate enough to have grown up here so I paid in-state tuition at GT. You and I went down similar paths. I started at a community college and lived at home through most of my core classes. I was fortunate enough to have parents that let me live at home rent free and paid for some of my food (at home meals). Living rent free was the biggest kicker. I understand I was very fortunate in this regard, and it was a tremendous help that allowed me to have zero debt out of college. At the same time, I know plenty of people that wanted to party and live on their own...so they refuted the offer from their parents to stay at home. It also took me nearly 8 year to graduate with a BS degree. I had to alternate working full time and going to school--I still worked part-time during school, but it allowed me to avoid loans. A lot of truth in this post! I think it's also due to demand. More and more people are viewing college as a requirement vs an option. I don't think it's needed for everyone--especially those that pursue to worthless degree. There are plenty of technical schools for those trades... That story is hard to read...and I feel for her, but that doesn't sound like a very well thought out plan. How in the world do you rack-up $275k in college debt? [/QUOTE]
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Student Loans: Who's got em, and who thinks its a bubble
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