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AlecBGreen

(3,874 posts)
32. I agree SS
Thu Dec 27, 2012, 08:39 PM
Dec 2012

People gamble and then get bitter when the bet doesn't pay out like they hoped/expected. "If I take on X amount of debt, its OK because I can pay off in the long run because I'll be earning more." They do this without taking the time to crunch the numbers. Even those who DO crunch the numbers are basing the gamble on assumptions. "I can pay X amount of loan back in Y years if I make Z salary." Its a gamble pure and simple.

Income Based payment helps, but it means paying for the loan for much longer liberal N proud Dec 2012 #1
Indentured Servitude, v. 2.0 - n/t coalition_unwilling Dec 2012 #5
This is a start redstatebluegirl Dec 2012 #2
Look into "Public Service Loan Forgivness" teenagebambam Dec 2012 #4
Good suggestion, but in an era where government spending and thus coalition_unwilling Dec 2012 #7
unfortunately, the nonprofit lab that hired me after I got my MLT degree magical thyme Dec 2012 #11
My sister taught on a Reservation in the west for 7 years to pay off her loan. That was back in the jwirr Dec 2012 #12
Most "Public Service Loan Forgiveness" only applies if the loan payments are current. happyslug Dec 2012 #27
These loans are also hurting the parents of those students LiberalEsto Dec 2012 #6
Have your daughters default on those loans, unless you co-signed happyslug Dec 2012 #25
Thank you for the information LiberalEsto Dec 2012 #30
Education should be supported and students given a bailout lovuian Dec 2012 #16
That's me! a la izquierda Jan 2013 #46
So why does nobody think about this sort of thing skepticscott Dec 2012 #3
In our case, we thought our daughters would graduate and get decent jobs LiberalEsto Dec 2012 #8
All debt is forgiven when someone dies. Even taxes and student loan debt. kestrel91316 Dec 2012 #10
The 1% have sold the populace on the specious idea that higher education is coalition_unwilling Dec 2012 #13
We live in a sea of information skepticscott Dec 2012 #18
STRAWMAN AWARD of the WEEK! This is NOT about coalition_unwilling Dec 2012 #23
You forgot to call me an imperialist dog, comrade skepticscott Dec 2012 #37
You continue to slide and slither around the central question, which is coalition_unwilling Dec 2012 #39
You and your ilk here are the ones bashing the working class skepticscott Dec 2012 #43
First you won Strawman of the Week Award, and now you have won coalition_unwilling Dec 2012 #44
Funny that we heard the president skepticscott Jan 2013 #45
As often as not there isn't much of a choice Posteritatis Dec 2012 #15
The question is skepticscott Dec 2012 #20
Many career fields tanked with the economy. Its not a student's fault if they did due diligence riderinthestorm Dec 2012 #22
thank you--that was written very well renate Dec 2012 #42
its because poor kids would be excluded from lovuian Dec 2012 #17
If you're saying it would be nice and beneficial skepticscott Dec 2012 #19
you're absolving the REAL assholes from any kind of blame Skittles Dec 2012 #26
Exactly (n/t) bread_and_roses Dec 2012 #28
Who are the "real assholes" skepticscott Dec 2012 #36
the fact that you have to ASK Skittles Dec 2012 #38
The fact that your answer is a lame dodge with no facts skepticscott Dec 2012 #40
oh, what nonsense - both this and your posts below bread_and_roses Dec 2012 #29
Were you planning on addressing ANY of the points I made skepticscott Dec 2012 #41
I agree SS AlecBGreen Dec 2012 #32
What did congress do Sadie5 Dec 2012 #9
Is this payment tax deductible? midnight Dec 2012 #14
The interest is but you get back a pittance DotGone Dec 2012 #21
Who knows what the future brings?Perhaps all these VOTING CHILDREN and PARENTS and lovuian Dec 2012 #33
More and more of these loans JReed Dec 2012 #24
Can't afford to make $400/mo payments? high density Dec 2012 #31
You'd have to double my pay to afford $400 a month Fearless Dec 2012 #35
$38,000 is actually not that bad by today's standards davidn3600 Dec 2012 #34
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