Originally posted by slow99
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Student Loan Interest rates are they "Criminal?"
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"When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
"A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler
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Originally posted by CJ View PostI have no debt and I paid for my school while working. I've done well. That exact kind of attitude is why people are buried in shit, and can't get jobs because they acquired education without any work experience. If you have the drive and motivation you can do both. Many people on here have done it. As for the few dollars, I guess your education didn't include finance. I look at resumes all day long of people trying to get a job and I move onto the next one because they have zero work experience. Going to school for 4+ years out of highschool definitely worked in days past. However, in today's current economic climate, it's a mistake. I deal with people on a daily basis that are in financial ruin because of student loans. When I was in college, I had tons and tons of friends that were careless in their studies and squandered tens of thousands because they were not paying for it with their own money. It adds a level of respect and focus you just can't appreciate otherwise. Everyone has their own way of moving through life, I'm not saying mine is best, but I feel I'm considerably better off than many of my generation because of my choice to not borrow a few hundred grand for college.Originally posted by BroncojohnnyHOORAY ME and FUCK YOU!
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Originally posted by Nash B. View PostI borrowed about $20,000, and it's about $4,000 a year for 10 years. It's manageable. I know I'm not alone. I think the numbers you see might be skewed because of your job. As the Jodys have said, broad stroke.Last edited by CJ; 10-12-2012, 08:13 AM."When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
"A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler
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Average student loan balance is about $23k according to FRBNY. Median amount is much lower.Originally posted by davbrucasI want to like Slow99 since people I know say he's a good guy, but just about everything he posts is condescending and passive aggressive.
Most people I talk to have nothing but good things to say about you, but you sure come across as a condescending prick. Do you have an inferiority complex you've attempted to overcome through overachievement? Or were you fondled as a child?
You and slow99 should date. You both have passive aggressiveness down pat.
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People should get started on a career with no degree and no work experience because they won't be able to start that career with a degree and no work experience?
I borrowed what I couldn't afford so I could get out of school and into a real job as soon as possible, and I'm paying back what I couldn't afford plus another $2,000 a year (for 10 years).Originally posted by BroncojohnnyHOORAY ME and FUCK YOU!
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Originally posted by slow99 View PostAverage student loan balance is about $23k according to FRBNY. Median amount is much lower."When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
"A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler
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Originally posted by Nash B. View PostPeople should get started on a career with no degree and no work experience because they won't be able to start that career with a degree and no work experience?"When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
"A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler
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Originally posted by CJ View PostIt appears I'm mistaken, I'm simply going by the student loan debt I see on most applicant's credit bureuas, it seems to be between 30-50k. Are you going to address any of my points, or just cherry pick what works for you? Because right now you're not engaging in a discussion, you're just taking pot shots for self validation.Originally posted by davbrucasI want to like Slow99 since people I know say he's a good guy, but just about everything he posts is condescending and passive aggressive.
Most people I talk to have nothing but good things to say about you, but you sure come across as a condescending prick. Do you have an inferiority complex you've attempted to overcome through overachievement? Or were you fondled as a child?
You and slow99 should date. You both have passive aggressiveness down pat.
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Originally posted by CJ View PostSounds great when you change what I said. Clearly what I'm saying is if you can handle going to school while working it's more beneficial? What's wrong with that? It is a better way to do things, you build work experience and you get your school taken care of. Not to mention if it's a degree applicable to your career, most companies will pay for your education. Does that not make sense? When you apply for a job with no work experience you're at a disadvantage. It is more difficult to get hired, it's common sense. I'm sorry I offended you by giving a contrasting perspective.
It didn't offend me. I would have liked to have paid straight cash for my education, but borrowing money to pay my way through wasn't a bad choice and it definitely wasn't the wrong choice.Originally posted by BroncojohnnyHOORAY ME and FUCK YOU!
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Originally posted by slow99 View PostLmfao at self validation. I have to post from my phone at work; I'm not quoting your dissertations. Any other points in there I should disregard?"When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
"A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler
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Meh. My girlfriend's student loan debt was at $80k or so, and she's been able to pay $20k, her first year out. She's on pace to pay all of it off in about 3 years. It's not that scary, if you just work at it. Just get a degree in something valuable.ZOMBIE REAGAN FOR PRESIDENT 2016!!! heh
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Originally posted by Nash B. View PostBut how do you get hired if you have no work experience AND no degree? It's great if you can do it, but your whole argument is based on people not being qualified with a degree and no work experience and your advice is to get work experience even though they're even less qualified than they'll be when they graduate.
It didn't offend me. I would have liked to have paid straight cash for my education, but borrowing money to pay my way through wasn't a bad choice and it definitely wasn't the wrong choice.
I think what is important in this discussion is the fact that it will take you longer working and going to school. I don't think 15hr class load with a full time job is realistic. The trade off is you will start with more work experience, you won't be paying back student loans, and more than likely you will be at a higher wage in comparison to your age. In my opinion, it seems to me that given the economic circumstances it was a definite advantage. I feel it would be for others as well. There's no detriment to having work experience with a degree.Last edited by CJ; 10-12-2012, 09:36 AM."When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
"A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler
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What CJ says is true and relevant. Working while going to school also teaches time management. It's funny that one of the things that got me into my current job was part store experience, in addition to my degree.
I paid for everything but the last semester out of pocket. A "cheap" degree, as in not expensive, but good and it got me to a great job.sigpic18 F150 Supercrew - daily
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