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Student Loan bubble.

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  • mustangguy289
    replied
    College debt is great....it got me a job for a boss that I hate.

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  • GeorgeG.
    replied
    Originally posted by quikag View Post
    Student loan debt can't be absolved through bankruptcy under current law, so I don't think there is much of a bubble. Most college graduates will likely try to pay down their debt to keep their credit score from being crap for decades.
    I'd be willing to bet that most college students' credit is already shot long before graduating.

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  • jw33
    replied
    Originally posted by slow99 View Post
    Well, I worked 30 hours a week and took a full class load every year except the first, when I only worked 10 hours a week, played football, and took a full class load. Thank god I managed to scrape by with a 3.96 gpa and an Economics degree. That was undergrad, let me know if you want to discuss grad school or the CFA while working an investment banking (15 - 18 hr days) job. I did do my fair share of partying tough, you're correct on that.
    Lunch is for wimps.

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  • slow99
    replied
    Originally posted by 2011GT View Post
    Lmao maybe you should've worked instead of partied in college
    Well, I worked 30 hours a week and took a full class load every year except the first, when I only worked 10 hours a week, played football, and took a full class load. Thank god I managed to scrape by with a 3.96 gpa and an Economics degree. That was undergrad, let me know if you want to discuss grad school or the CFA while working an investment banking (15 - 18 hr days) job. I did do my fair share of partying though, you're correct on that.
    Last edited by slow99; 07-11-2013, 03:08 PM.

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  • 2011GT
    replied
    Originally posted by slow99 View Post
    Well damn, I wish someone would have pointed out those student loans that other people pay for you when I was in school.
    Lmao maybe you should've worked instead of partied in college

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  • YALE
    replied
    Originally posted by slow99 View Post
    Well damn, I wish someone would have pointed out those student loans that other people pay for you when I was in school.
    Exactly. If we're having a pissing contest over who's doing things the hard way, the kids with mountains of school debt win.

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  • Sean88gt
    replied
    Originally posted by 2011GT View Post
    I have an idea... Pay your own way through college!!!
    Good call Dr. Ramsey!

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  • slow99
    replied
    Originally posted by 2011GT View Post
    I have an idea... Pay your own way through college!!!
    Well damn, I wish someone would have pointed out those student loans that other people pay for you when I was in school.

    Leave a comment:


  • quikag
    replied
    Student loan debt can't be absolved through bankruptcy under current law, so I don't think there is much of a bubble. Most college graduates will likely try to pay down their debt to keep their credit score from being crap for decades.

    Leave a comment:


  • Broncojohnny
    replied
    Originally posted by Vertnut View Post
    Hell, I didn't know we ever left one.
    In a lot of ways we didn't. We won't either until the socialists are out of office. If we get another one before 2016 it is going to be one for the record books. It is possible that we are entering it now since housing is such a big part of the GDP calculations and interest rates are up.

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  • Broncojohnny
    replied
    Originally posted by slow99 View Post
    I hope you loaded up on the vix shorts 2 weeks ago. Fucking killed it.
    Took up a spot in big blue when it went under $190 just because it keeps going right back to $210 and of course Goldman ruined my fucking week for me. I think I will be just fine with a little time but they really piss me off with their bullshit sometimes.

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  • 2011GT
    replied
    I have an idea... Pay your own way through college!!!

    Leave a comment:


  • Vertnut
    replied
    Originally posted by slow99 View Post
    Hell yeah. Especially those hacks who do the MBA Investment Fund and the CFA on top of the other grad student stuff. Bunch of clowns.
    Funny stuff!

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  • Vertnut
    replied
    Originally posted by Broncojohnny View Post
    Who cares the whole thing needs to explode. Bring on the recession!
    Hell, I didn't know we ever left one.

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  • slow99
    replied
    Originally posted by Broncojohnny View Post
    Who cares the whole thing needs to explode. Bring on the recession!
    I hope you loaded up on the vix shorts 2 weeks ago. Fucking killed it.

    Leave a comment:

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