Got a letter, wasn't paying attention, saw my first name and address and opened it and saw it was a bill for someone else with the same 1st name and his student loans.
The current balance is $30,391.74 but the principal balance is only $17,104.28.
That's -blam!-ing crazy!!
English
#Offtopic
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[spoiler][i]student loans make student moans[/i][/spoiler]
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3 RepliesIn trying my best to get through college without debt, I've worked for the past four years and saved money, hopefully I can do it
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[i]when I see or hear "student loans."[/i]
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1 ReplyWell, don't expect it to get better anytime soon. Ed. Secretary has cut, or redcuced, programs meant to keep student loan interest low. Additionally, the new tax plan calls for series of reductions on the amount of student loan interest payments that are deductible. Right now all student loan interest is deductible, but new plan will impose ever reducing cap on that amount.
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This my friends is why, when I graduated High school, I didn't go to university.
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2 RepliesIn final year of medical school. Expect to owe 250K in student loans.
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1 ReplyFun fact: it’s a felony to open someone else’s mail
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That's actually not too bad. I pay $900 a month in student loans but I do pretty well career-wise so I can handle it. My wife's undergrad and master's is paid off as well as our cars so we really only have the mortgage at this point. Although, we've started a college fund for our daughter but she's 5 months old so we have some time. Looking forward to how expensive college will be when she's ready, though...
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3 RepliesYou know what we could do is get rid of the Federal student Loan. By getting rid of the financing that funds most people going to college we can force colleges to lower the price to something the average family can pay without going into debt. Keeping the financing options open let’s colleges inflate the prices to make money
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Actually that's fairly modest. Multiply that figure by TEN...and now you're looking at the level of debt many people rack up in financing a graduate or professional school degree. I graduated 25 years ago with **only** $50K in debt....and that was a really low figure even then.
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4 RepliesOne reason gen z is opting for either trade school or community college
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8 RepliesEdited by XxElementZeroxX: 8/30/2018 12:58:02 AMMy wife’s Law School loan was $125,000 lol. Only $23,000 to go before we’re all paid up. Both cars paid off, my basses are paid off, hospital bill for the birth of our son is paid... all that’s left is the house.
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1 ReplyIt is pretty insane. It can be mitigated with community college, but at Kettering here in Michigan tuition is like 40k a year.
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4 RepliesA couple of friends and I graduated high school back in 2004, they both went to college, I took an apprenticeship for a trade. Without getting too much into their business, let’s just say they regret to this day the decision to accrue $75k-90k worth of debt. Because both of them recently went through apprenticeships of their own for careers that actually exist. College isn’t for everyone. Further your education, yes. But that doesn’t have to be through a college.
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Doesn’t even include free food. There’s no way someone speaking to me costs that much.
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you gonna do the right thing and pay it for them?
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This is why you just buy a fake degree off the dark web.
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This is why you work b4 college, become a carpenter or plumber, you make lots and barely do any school
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Yup. That shit is outta control.