damn..
>take a small loan of $26k
>turn it into a gender studies degree
>trump takes a small loan of $1M
>turns it into $4.5B
I borrowed $20,000 so far, and I plan on killing myself when I've taken out all I can.
Studies are the reason whites aren't reproducing.
>>79419892
I took out 50,000$ and turned it into a law degree, albeit, from a shitty ABA accredited school but still ABA accredited. I passed the Multi-state bar and now have a shit tier government job. What sort of odd ass loan did she get?
>>79419892
Gee, who woulda thunk that a loan without loan without any collateral has higher interest rates than a loan with collateral?
If only someone had told her...
Maybe written on a piece of paper...
And required her her to write her name under this detailed explanation of the business that was to be conducted...
>has been paying for 23 years
>only paid 32 700
that's 10 dollars monthly
how can anyone be that fiscally retarded?
>faithfully
>23 years
>>79420027
Way to go! That'll show them! ;)
>>79420021
And the college idiots have the nerve to call Trump dumb. Top KEK.
>>79420559
Croatia can't do math.
She paid an average of $118 per month.
>>79420632
Show who? I just want money for nothing.
>>79419892
She should kill herself then. She has failed at life.
>>79420772
Show the bankers! Off yourself as quickly as possible!
>>79419892
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
STUPID WHORE
>>79419892
Wanna hear some horse shit, its my fault but I never would have known about it, its to do with Lending Club.
>Take out a loan years ago for X amount of dollars.
>Use money to pay off my home.
>Pick up a second job that year and work like a dog.
>In 2 years have enough money to pay off said loan.
>We cant allow you to pay your loan in full before x amount of years anon.
WHAT?!
>And you will still have to pay interest.
WHAT THE FUCK!
>Or you could pay x amount more, and pay it off fully now.
Basically, they wanted me to still pay the interest for ++ years without the years being added on yet.
>>79419892
>not bothering to research debt interest
>voting left
Not the first time I've seen this, but I still say we need a culling of the herd.
>>79419892
Relly mde me thunk
>>79419892
Inflation?
>>79421001
The not have read the contract before signing
>>79421001
You can buy the whole loan thing. Go see another bank to have the details.
>>79420772
why fucking kill yourself though dipshit, $20k can take you a long way in developing countries, you dont want the life youve got, go travel the world! The banks wont find you in the middle of fucking nowhere smoking weed with tibetan hill tribes.
>>79419892
Jews?
>took out 50k loan
>got a degree that earns me money
>payed it off in 5 years
Feels good
>>79421474
:D :D exactly
>>79419892
26,400 from 1993 = 44,625.66 in 2016.
>>79420027
Why kill yourself instead of just not paying it back?
>get money from someone
>pay them back less than interest on that money
>now you owe more
Wtf I hate you why won't you give me free money
>>79420749
118$ is better then 11$ but still...
I wouldn't expect her to be able to pay more then 200 a month with a non-stem degree
If people could declare bankruptcy on their student loan then the banks would have incentive not to hand out loans for frivolous degrees
I went to trade school, have zero debt and make six figures
You're stupid if you go to college for anything that isnt engineering or science related and you have no plans for law or medical school
>>79419892
wowzies relly maeks you go hmmmmmmmm
>>79419892
That's like $4 per day. Was she not planning to pay back any of the money she borrowed and just hoped that everybody would forget her debt?
>>79426503
That's what half the Bernie voters are planning on. They're racking up $80k in loans for a useless degree and rather than working hard and giving up luxuries like weed they're hoping the financial system will collapse and they'll catch a break.
In reality the government will just garnish their wages for the rest of their lives. Lol.
>>79427773
I just graduated last year and paid all my debt by December of the same year. I'd be more sympathetic to these faggots if they weren't carrying $5+ Starbucks drinks everywhere and browsing Facebook and 9gag on their Macs and tablets in class all the time.
>>79419892
I'm not a loan expert but maybe she should start increasing her monthly payments. Jesus christ.
>>79427773
the scenario you described is frighteningly accurate. my sister's literal commie jew boyfriend went 90k in debt for an english degree and is very open about his plan to never pay back any of the debt because he's certain they'll eventually forgive the debt if he waits long enough. such a fucking moron.
>>79429097
Meanwhile his loan grows exponentially
>>79429278
>can't put 10% of your salary toward student loan payments?
>lol that's okay, the federal government will garnish 20% of your paycheck
A new class of slaves is being born.
>>79419892
* End all Federal financial backing for college education. (Grants, loans, etc.)
* Restore bankruptcy rights to student loan borrowers.
* When a bankruptcy court absolves a student loan allow the lender to sue the school for half of the amount.
* Sit back and enjoy all the butt hurt and tears as schools are forced to fire entire departments, vet students, only issue worthwhile degrees for reasonable time/cost, and help students find employment.
>>79419892
>I took a 10.5% interest rate compounded every month
You deserve to be in debt
>>79429097
I might care if I thought an English degree was worth $90k. But since the school is obviously trying to scam him I hope he is able to scam them back. I hope the loan is forgiven and the school has to eat the costs.
>no wealthy parents who just give you the money you need
Your poverty makes me sick
>>79430291
It's widely known that a humanities degree yields very few realistic job opportunities. How exactly is he getting scammed by electing to take out loans for the course of study that he's choosing?
>>79419892
>be trump
>take a million dollar loan
>turn it into a billion
Liberals not even once
>>79420021
>>trump takes a small loan of $1M
>>turns it into $4.5B
You can't say this we a straight face, I swear you can't.
>>79431660
take a small loan of 100 goats and turn in into 1000 moroccan you fucking moor nigger
>I don't understand paying the minimum amount on a balance being charged interest will literally never get it paid off
Whoever gave her that degree should recall it because she obviously failed mathematics
>>79424995
This needs to happen then
>WHAT WHY WONT THE RACIST PATRIARCHY GIVE ME $50000 TO GET A WOMENS STUDIES DEGREE
Took out $11,490 in unsubsidized federal student loans. Started payments on 7/23/15 and it'll be paid off on 10/23/24. Payments are $164.94/month but I make about $4k/month post-tax (at 24) so it's no big deal.
Interest rates aren't great (6.55%) and I know I didn't take out a ton but point is student loans are cheap as fuck if you go to an in-state school, work to support yourself during college, and use the education to get a decent enough job.
>>79419892
Why did you take a loan then?
>>79419892
It could be worse, like being 226k in debt:
https://twitter.com/shailenewoodley/status/721402922672791553
>>79423990
Because they can fine you (kek) or throw you in jail (double kek). How that even makes any sense, IDK.
>>79419892
>Dat usury...
>>79433996
I don't know what is worse: kike bankers or the stupid goys who finance them.
I never loaned one cent. If I want something I spare until I can get it.
>>79433858
WHO KEEPS GIVING HER MONEY!? JESUS CHRIST DO YOU EXPECT ANY OF THAT BACK!?
>>79433858
Why would you take out such a big loan, when you're nowhere close to being able to do payments at the present. Never take a loan based on your projected future earnings.
>>79433858
Holy shit how does she not feel those two black bushy caterpillars crawling on her face?
>>79434416
She probably has some degree that bankers see as being very profitable, but then she gets lazy and doesn't pay the total monthly due if at all. And since they really only get mad at you if STOP paying, her debt keeps racking up.
>>79434912
She's a speech therapist.
She claims that she wants a "fair" interest rate:
> but how come I can get a house for a lower interest rate?
Apparently being college educated doesn't prevent one from being a complete moron who doesn't understand that an unsecured loan costs more than one that is backed by an asset.
>>79433858
this is fake your death levels of debt. jesus christ.
>>79431976
>>79423990
America is the only country left in the world where you can go to prison for not paying debts.
>>79419892
>>79433858
How come it's always women with debt? I've seen like 2 men with legit debt and both paid it off, but I've seen 100+ women without a dent in theirs?
>>79435985
Bullshit
>>79434912
Idea:
Wrack up a shitload of debt. Pay the absolute minimum you can get away with. Get the highest interest rate possible so it explodes. Wait until it's literally millions of dollars.
Then quit your job and refuse to pay.
Watch some richfag cry as he loses millions in assets instantly.
>>79436197
https://en.wikipedia.org/wiki/Debtors%27_prison#Modern_U.S._by_state
The "I demand student loan forgiveness" thing pisses me off.
When I went to college I could have gone to the expensive school and lived on campus. But instead I went to the shitty local state school and lived at home. Why, because I could do it without going into debt. I worked while in school and graduated with 0 student loans. Not 1 dollar.
Now, my friends who went away to school at the name-brand college to "spread their wings and find themselves" graduate with huge debt and then complain how unfair it is. Well, they could have made sacrifices (like I did) so they could get a degree with no debt. Instead they didnt and now want a bailout. Hell, I have two MA degrees and no debt because I am not a retard.
Students who cant afford the price of school should do two years at a community college, which can be done without debt. Then they can work part time with the associates and get their final two years of the undergrad done. There ya go, problem solved. No need for a trillion dollar free college racket.
Unless you re a special snowflake, there is zero reason why you should graduate college with crippling debt.
>>79436053
women spend their entire lives seeking happiness in the moment, with zero foresight. i'm surprised you've only seen 100 women with outstanding debt
>>79436053
Women can't handle money just like niggers. They're buying stupid shit nonstop. Must be an IQ and instinct thing.
>>79436422
>>79436352
Proof women should never have rights tbqh
>>79436053
Because women can't not spend all the money they have. I think they call it retail therapy. Like a coworker didn't check their privilege and so they need to buy some shoes so they feel better. If you're gonna tangle with the vaginal jew you should know they are materialistic to the core.
I thought there was a law passed recently that absolved you of your loans, federal at least, if you paid them for 20 years without missing a payment
>>79434416
She likely has a co-signer. Like a parent. Who will be tuck with the debt. Most people (everyone?) get their loans from the federal loan folks, not banks. They are happy to keep giving it out because it is guaranteed.
>>79436709
>Starbucks workers
>Making $300 MINIMUM monthly payments 20 years in a row without screwing up
Not happening. That's assuming $45k at 5% interest. These losers have way more debt than that racked up.
>>79433633
u just dug your own grave
>>79420021
>>trump takes a small loan of $1M
Did you fall down the stairs as a baby?
>>79436331
This is the course I wanted to go down but my family refused. They said I would be missing out on the experience of college.
>>79436709
>woman
>paying on time for 20 years
L O L
>>79434157
Jews are the worst. Dumb people can't help being dumb, but jews can perfectly help being jews and avoid doing bad shit to people.
This is why the jews need to go forever.
>Used my placement year to pay back all my student loans while living at home
>Friend over in scotland will rack up a £75k+ debt before he even starts working
I don't get the naivety around student loans
>>79436331
Well you know pal I did the same thing you did and guess what happened because I lived on a border state I had to pay double tuition. So fuck eat my default. Fuck your shit this 2016 EVERYONE is a criminal and lying thief!
>>79419892
Boo fucking hoo.read terms when you sign.
>>79419892
30k I'm the hole but I work at a bank and live with my parents. I'll make about 50k this year and just pay everything off up front. Feels good to have studied business instead of gender studies.
>>79436331
this, nice going anon
>>79437211
>missing out
This is a big cultural thing we have. Colleges were about socializing and always have been. Recently (last 30+ years) the college zeitgeist is about partying and having the traditional experience. Telling a student to miss is is like a high school senior missing prom. Like, you look back at prom now and think it was dumb, but to be told you will miss out on waht is billed as the 'most magical moment' is difficult.
I think that is starting to change now. College is becoming more and more about vocations instead of the experience----at least the experience is secondary. This is due to globalization, the high cost, and the availability of college online. When our kids are ready to go, I think there will be less emphasis on the frat party or football game and more on getting a marketable degree quickly and most affordable as possible. Probably be online too.
>>79419892
>Get a credit card
>Pay back all of student debt with credit card
>Default on credit card
>>79419892
That's what happens when you pay the minimum payment double that shit up put your big girl panties on work 2 jobs.
>>79429097
I can't wait until these losers are forced to accept the harsh reality that nobody is going to pay for their stupid mistakes.
>>79437072
>>79431660
4.5 billion dollars = $4,500,000,000
Million dollars = $1,000,000
Relative to $4.5b, 1 million is nothing. It's turning a single dollar into over four thousand dollars.
>>79437033
Well I don't work at Starbucks but that's exactly what my plan is. Then again I'd rather pay it off in large chunks. I've saved almost $14k to this point, but i'm also trying to save for a down payment on a house. I'm having a hard time deciding which way to go.
>>79437557
>>79419892
But student debt is allowed terms, no bankruptcy for example, that no other lenders are allowed.
>>79437731
>Apply for credit card
>Credit check
>They see that you have been in 5-figure debt for over 20 years
>Application gets denied
>>79437953
Lel, no it's not. I'm a trump supporter but you guys are retarded. You can buy a lot more with a million dollars than you can with 1$.
>>79431156
Ever been to a college preview or orientation? They always push you toward whichever degree seems the most interesting to you because they get more money from a student that finishes their degree than one that drops out. It also makes the school look better. I wouldn't exactly call it a scam, but it does seem unethical to tell 18-year-olds that it's worth it to take loans out for "whichever degree is your passion."
The (((people))) issuing non-forgivable loans to fresh 18-year-old legal adults, on the other hand, are definitely conducting a usury scam that is legal because they wrote the rules to make it legal.
>>79430291
school gets paid regardless. they don't give a fuck who's cutting the checks. that's why it's in their best interest to hire hundreds of people and build new sports stadiums and raise tuition.
someone will always pay. the government giving out free college loans guarantees it.
>>79437236
So that was Patton's (((accident)))
For anyone interested:
http://www.rockwoolfonden.dk/artikler/paa-vaesentlige-omraader-brydes-social-arv-%E2%80%A8ikke-mere-i-danmark-end-i-usa/
Short about the Rockwool Foundation: it's an impartial, financially self-supporting institution which engages in activities for the public good. We carry out independent research into issues relevant to society, and develop innovative solutions to social problems in the form of practical interventions.
Now, the article, which is only available in Danish, presents the results on an analysis comparing Denmark and USA on two parameters: social mobility and education.
Key results: Danes are not better at breaking away from social heritage; poor kids becoming poor adults, etc. Despite having being PAID to take educations. Danes are not better at finishing educations or taking them in the first place either.
>>79419892
She can thank Hillary for that, though she is probably ignorant of the Clintons role in feeding students to the bankers and will vote for her anyway.
>>79437953
Is this really how you think money works?
>>79419892
Of course it's a scam. University should have a minimum age requirement of like 25 for non-STEM degrees. A lot of 18 year olds cannot understand how much they are fucking themselves over getting into debt for something so useless.
t. Philosophy Graduate.
>>79439187
I work part time as an adjunct at a CC (I also have a real job). The community colleges Ive seen do a great job of laying out what associates degrees they offer and what the pay range is for those degrees. They see their missing as different than those of the 4 year university (well, it should be the 5 year university because that is now the standard time it takes to graduate).
But yes, what you said is correct. If seem some shit degrees get highlighted because they want to get and keep students. The two year schools have a different clientele I suppose.
>>79437576
Are they federal loans? Your student loan interest is tax deductible up to 2,000 dollars so it's in your best interest to pay back just enough that you're paying 2,000 in interest every tax year. Write that off on your taxes for the next 5-6 years and enjoy the fact that you now have, effectively, an interest-free loan.
>>79419892
Should have paid those interest payments.
>>79439701
Most people going to community college are motivated because they want to advance their career. People who go to 4-year colleges are 18 and want the "college experience lol XD" so they're easier to trick while they're excited about making new friends and riding the cock carousel.
>>79419892
>Inflation doesn't exist
>Student loan companies charging interest to cover the bums who never pay their loans back is bad
>>79419892
>Live at home during school
>Have a job
>Got scholarships
>Do debt
Oy vey goy but don't you want the college experience of being poor and indebted? Maybe you'll get lucky and ride the town bicycle
>>79440238
>>Do debt
No debt
>>79419892
>take a loan that you have to pay back with interest in the future
>complain about having to pay it back
Shouldn't have taken the loan then.
>but how would I pay for college
Maybe don't go to college if you can't afford it.
>>79439664
>Universities should do things that reduce their revenue
>Banks will allow the government to allow universities to do things that reduce the amount of debt cucks they get
Never gonna happen
>>79439701
>(well, it should be the 5 year university because that is now the standard time it takes to graduate).
5 years for an undergrad??
>>79420749
Cellphone bills are easily more than that.if youre college educated and cant swing a monthly payment of 100 bucks then you should probably eat your own shit until you die.
>>79419892
Strike at the root instead of begging them for a Jubilee.
The Jewish concept of usury is the source of all this misery.
>>79420789
/thread
>>79440238
>Not doing this but also take out federal student loans, invest them wisely and do this >>79439741 when you graduate.
It's like you aren't even one of the chosen people
I'm lucky in that I went to uni before fees went up to £9k a year and the loans started charging more interest. I'm done in about 6 years, assuming no major pay rises, and it's costing me about £120 a month.
I think most people on the post-2012 loans should just think of it as a tax. They're not paying them off.
>>79419892
So who is this woman demanding pay for her education then and why is it right that that person be enslaved to her because she didn't plan?
College is a calculated investment and one you should only make if you have a specific purpose and have a well-reasoned plan to pay for it.
One of the problems is with our culture, which is turning out these parasites, who feel they are entitled to a college education at someone else's expense (after all, their education up to then was paid for by the nanny state), then spend their time in college directionless or pursuing worthless degrees.
>>79429836
No.student loans are not new.being a crying fag-bitch about them is.
>>79430125
but then black women wouldn't be the most educated group in America today!
>>79431976
I like you.
>>79439180
Is it? Because you can keep trading up with hard work and diligence to get slightly better prices in your favor, but hard work for you is bullshit... gimme handouts.
>>79440796
The average is around 5 years. only about 40% graduate in 4 years. It was part of some reports we had for staff training guides. Dont remember the source but I think it was legit (it was in a state publication).
>>79440875
Interdasting
I need to keep my chosen cap on
>>79440907
>calculated investment
no, not really. it's pushed hard from freshmen year in HS. do you think a dumb, naive kid fresh out of HS is going to think about this stuff or know any better? no.
you blame the culture, yet don't recognize the way companies prey on dumb kids, and you seem to endorse this behavior.
shill harder ya kike.
>>79419892
She thinks she's holding a sign that displays an unfair system that she fell victim to.
She's actually holding a sign that says she's retarded and doesn't know how to math today or 23 years ago.
>>79419892
>Pay the absolute bare minimum on you loan
>Be surprised when I takes you forever to pay it all back
Fucking idiots.
>>79440907
>College is a calculated investment and one you should only make if you have a specific purpose and have a well-reasoned plan to pay for it.
This is why I think private student loans are so unethical. People are signing them when they're just now old enough to sign legally-binding agreements but still don't really understand what they're getting into. They just see lots of other people do it and assume it must be OK. It's hard for me to hold it against the people who made a financial decision that they didn't think through when they were fucking 18, but the banks know exactly what they're doing. They're like crocodiles sitting in the pond waiting for the thirsty, oblivious fawn to come take a drink of water with no idea of what's beneath the surface.
>>79419892
That's how debt slavery works. Usury is outlawed in the bible for a reason.
The germans paid ~900 billion euros in interest on the ~50 billion euros they received from the Marshall credit line after WW2.
In german schools they teach you how nice the americans were to us after WW2, giving us alot of money to rebuild the nation, and the amount of interest paid never gets mentioned.
Debt slavery. German word: Zinsknechtschaft. This is how the jews are enslaving the entire world, that's why banks and central banks are the keystones of global slavery.
National debt is another huge redpill. The national debt never gets paid off; the credit lines run out and are replaced with new credit lines. The 1% oligarchs collect more annual interest from national debt than what goes into the welfare system for millions of people.
Leeches, parasites, vampires.
>>79436260
You're living in the 19th century. The taxpayer will foot the bill.
>>79420021
>>79437363
I thought the Scots had free education?
>>79419892
>The Region pays me 2k euros a year for studying a worthless Physics degree
>I only have to get a 3-years degree in 4 years in order not to owe anything to them
Feels good not to live in the USA
>>79422365
>most normies will NEVER know this feeling
who /nonwagecuck/ here?
>tfw I might graduate with 6-12k of Direct Subsidized Loans
What the fuck do I do?
>tfw 0% interest student loan
>>79419892
If you calculate that with inflation and she borrowed the money in 1992, that's $44994.89 in 2015 dollars.
Maybe the dumb cunt should have tried to pay down her loan instead of just paying interest. If she was willing to borrow money to get a degree, she should have a high enough salary that paying down $45k should be a breeze.
I pay about $10k on my $200k mortgage a year, plus interest. I also paid down an extra $20k last year because I had the money to do it, and I plan to pay down another 30k over the next few years. My house has increased quite a bit in value and I've paid down more than a third of its original cost, so I'd probably end up with $150k if I sold right now.
Bitch doesn't know how to handle her money.
>>79419892
>Paying less than the interest
what the fuck did she expect
>>79443117
Pay them off, that's a small amount and the interest isn't significant. You do have a job lined up, right? You're not just trying to live the NEET life at college?
>>79443472
>job lined up
hahahahahahaa
I'm doomed
>>79443117
You're screwed. There's no way anyone could stay on top of those $60-70 monthly payments. Time to LDAR boyo.
>>79443056
Middle class is a great feel. Debts paid off easily, next step is a house.
and here i am worried that i might end up with $3000 in student loans
>>79443574
Well shit nigga, get out there and get to work. Your literal job in college is to establish yourself as a candidate for employment (or gradschool)
>>79443632
>>79443681
What the fuck do I do with this fucking debt?
>>79419892
Forced by gun-point to borrow $26,400
So unfair.
>>79443767
Pay it, you retard. If you have direct subsidized loans you shouldn't have any interest until after you graduate, which makes it even easier. Get a job, and make consistent monthly payments that are substantially over the minimum.
>graduated with 20k in subsidized loans
>paid off in 1 year using job gotten with my degree
>>79431660
stop using this picture NOW
>>79443767
Don't listen to this good goy >>79444001
Do (((this))) >>79440875
(if you live in America)
>worked right out of HS
>get employed with a decent company while people were wasting time in college
>get into a better company
>no college, live alone and make comfortable money with minimal debt
kek
I want to start working part time in Uni as an EMT so I can earn extra money while in college, and it will look good when I apply for medical
When I graduate medical, I will have around 200k in debt (that's about the average) 4 years of uni, 4 of med, and then 5 years of residency
I want to become a surgeon, average salary is 400k, after all this time, how quickly would I be able to pay debt?
Keep in mind I would want to get a mortgage, say around 3k a month
>>79419892
>faithfully payed
>23 years and going
>>79419892
When this first came out I talked to the actual chick on facebook. She was a fucking moron and the degree was some sort of arts degree that did nothing for her in terms of having a life.
>>79442415
WELL IF HE PARKED THAT MONEY IN THESE VERY SPECIFIC CHERRY PICKED STOCKS BY WHICH WE CAN ONLY KNOW THESE STOCKS THROUGH PRE-DESTINATION, HE WOULD HAVE MADE MORE PROVING HE IS WEEETAWWWDED
>Paid minimum for 2 decades.
SJW course
>>79444423
Are you white or Asian?
>>79425029
To be fair med school requires at least one science degree
Just did a quick calculation. If you took out 26k in loans at 4.6% (the average student loan rate) interested adjusted monthly and never paid a dime on it after 23 years it'd grow to 76k.
This women either took a shit loan or is lying.
>>79444423
Make sure you do 911 and not bullshit transport service otherwise the medical schools will not care about the "experience".
>>79443767
Work your ass off dude
If you're not in class, you should be working
Work multiple jobs, be an Uber driver, do jobs in Craigslist etc
>>79444997
When I talked to her a couple years ago, yes thats what I was able to get out of it. She made a few payments here and there but other than that she let the debt rack up since she didn't even get a decent job much less a career from her arts degree.
>>79444967
Half white half "white" hispanic so like 3/4 white
>>79421860
Not that anon, but this is the best idea ive ever heard to do with free money.
Aren't student loans intetrest free until you graduate?
>>79430285
R A R E
A
R
E
>banks will loan poor niggers $100,000's at like 2% interest to buy homes
>most cars can be bought at 0-3% interest
>student loans 7% interest minimum
AMERICA
>>79445395
J E W S
E
W
S
It is called a LOAN
You are in college, you should know what a LOAN is.
Don't make the minimum monthly payments, don't get something with a double digit interest rate, work and go to school and it should be paid off in less than 10 years.
I mean fuck, 26,000 is a car loan, and car loans can't last longer than 10 years in a few states.
Did these people think this was free money?
Also, another problem with being an EMT is that I go to college at UMD, and the county is 60% black if not more, and is one of the more violent counties in Maryland
What's the chance I could die?
>>79445128
Do you get any benefits from being a minority, or do you count as white?
>>79445526
I appear white
I am a little tanned, but I am white
>>79439600
That's how investing works. Obviously you've never done such a thing.
>>79444979
You clearly know absolutely nothing about medical school
>>79445626
I mean, on college applications.
>>79445121
The term on most student loans is like 10 years. 26k at 4.6% over 10 years is only like 32k when all is said and done.
>>79445491
Can you blame them? The kikes have pushed the narrative that a college loan is a full-proof investment. These kids were out and about partying in high school, they weren't at home reading about the college debt crisis on /pol/. The only source of information they were getting was from the television and their teachers.
>>79445808
I guess I could do
>tfw big education debts will be the next bubble to burst and cause another global economic crisis
>tfw big crushing education debts are literally the reason so many young people are retards who espouse socialist ideals and vote dem
It's the perfect long con -- make entire generations of people wholly dependent on the government because they paid 80K for a bachelor's degree
>>79430285
whys there all these math retards posting in these threads all holier-than-though "haha if you cant even the contract and the math you deserve whats coming to you" all the while showing off their own inability to do basic math or calculate a basic compound interest, baka
from the info she gave the loan had an interest rate of about 4.8%, or slightly below 5% per year, i.e. $26,400x(1.048^23)=77609=32700+44909~=32700+45276
>>79445395
>Be a bank
>Somebody can't pay their house loan
>Foreclose on their house, sell it to make up for the money they didn't pay
>Somebody defaults on their car loan
>Repossess the car, sell it to make up for the money they didn't pay
>Somebody defaults on their student loan that I probably issued them before they even had a credit history
>Derp I can't really repossess their knowledge and experiences so I guess I'm out luck
That's why student loans have higher interest than car and house loans. They are higher risk.
she spent many years paying nothing at all
What did he mean by this
>>79446586
they arent as high as a car
a home loan is low rate because it so much more money
>>79419892
It's called getting a high interest rate and being stupid enough to sign on the dotted line
whites love giving people high interest
>>79419892
why would you go to college if you didn't pass high school?
surely they teach basic finance in high school in America?
>tfw only payed $3k for uni and went to one of the best unis in the country
>>79446586
Do the banks have a fixed interest rate for student loan or can they adjust it based on the type of degree etc.? Would make sense that a loan for women's studies would have higher interest than for an engineering degree.
>>79447066
>surely they teach basic finance in high school in America?
Keep up the good work ya cunt
>>79446677
It's what most people who can't "make it" do.
I got my master's (44K) in 2011, and in the past 5 years and I have maybe paid off 1K of principal, which has since risen to ~47K, since 1. couldn't find a job right away and 2. wasn't making enough to do anything more than pay just the interest payment. Only in the past year did I finally work up to a dank raise and can think about actually starting paying it off.
I advise anyone thinking about getting a graduate degree to ABSOLUTELY NOT. It will NOT help you get a job, and interest payments start to get pretty high when you're talking about 7% of 50, 60, 70, 80K+ each month.
>>79421001
There's no way this is real.
What the literal fuck?
>>79433858
you know Id still marry her even so
Im in no financial position right now to be able to pay back a loan like that but thats purely out of lazyness (I only work part time because ... why on earth should I put in any more effort than that) but being with a chick like that I just *know* would give me the motivation to push through and make the kind of money to get us both out of that hole (Ive marketable skills and a high level of discipline and drive IF and WHEN I put my mind to it, but only then)
of course the other hand that would only work if she married me because she actually loves and wants me not just to improve her financial situation ...
>>79447295
I heard they adjust it based on your grades. Better grades = better chance of graduating and getting a job = lower risk investment = lower interest rate. Not sure if they adjust it based on the type of degree. If they don't, they should.
As far as federal student loans go, everyone gets the same interest rate. I think my subsidized loan was 6% and my unsubsidized loan was 7%. Or they might have both been 6% and the subsidized loan didn't accrue interest until I graduated. I don't remember, I paid mine off almost 2 years ago.
>>79447297
even basic math would let you work out a deficit
not rippin' on ya m8 just at silly wankers who do shit like OPs pic
>>79447495
God damn, are Muhammads taking that many of your women over there such that you're saying things like "I would marry her and take care of her even though no sane man would!"
>>79447495
What the fuck happened to German men?
Are you all cucks now?
>>79419892
All that money spent and still doesn't understand compound interest.
![d7ce082cb27dc9f020953d5128317d4e[1].png](https://i.imgur.com/1VpjvuP.png "d7ce082cb27dc9f020953d5128317d4e[1].png")
JUST
>>79447379
That is normal until its stated otherwise. Here, only recently there are loans you can pay off in advance
>>79447495
Do you think of marriage every time you see a JPG of a girl? I think she's dumb and has no shame. If most people would have that amount of debt they would get depressed or at least be humble as fuck. She just brags about the debt like it's not her fault at all. Also, her tweets are pure degeneracy.
>>79447994
Why is this allowed?
>>79419892
shes forgetting to mention she get 26,000 in loans for Interpretive Dance and doesnt realize paying the minimum on loans is what they want to drag you along...
>>79447495
She looks kinda jewish, that doesn't bother you at all?
Does it bother you that this country including 3/4 of american flags ITT is full blown Jew?
>>79448006
eh I just think of marriage as something I could offer her over chad :(
>>79433858
What the fuck you need so much money for burgers ?
Are you living in golden dorms or what ?
>>79419892
>take out an unsecured loan, hence the shitty interest rates
>waste said loan on some pointless degree
>this is somebody else's fault
Yeah, no
>>79448374
no, Im no racist or antisemite, so why on earth should that bother me ... especially over the fact that she's ALMOST A FUCKING QUARTER MILLION DOLLARS IN DEBT
>>79447919
Aren't you supposed to be paying more per month? Not that I'm judging, I missed my last payment because I have literally no money.
>>79448153
Eeryone wants to scam everypme. Simple
>>79420285
How the fuck did you get a government job? I went to a T-14 and can't get one, not even a city job. I'd take a shit-tier government job over working 70 hours a week at a law firm, which is what I'll likely have to end up doing. I have a STEM undergrad, and I'm seriously considering falling back on that and just leaving law behind.
>>79424995
If a student declares bankruptcy, the school should be on the hook for some of the remaining debt. That would discourage schools from handing out bullshit degrees.
>tfw you paid off all your student loans
It was only like $1,000 though.
>>79419892
Just get the least expensive repayment plan and get it forgiven in 20 years. Unless I start making a lot more money than I currently do, that's my plan
>>79448684
Go teach in Asia. I just offered a job making $3k a month teaching at an international school in China.
>$200 a month for rent
>free health insurance
>free meals
>no car
just student loan payments
>>79419892
getoutofdebtfree.org
>>79420285
please explain how bank "loans" are fraudulent b/c no consideration by them is given.
also, check out The Biggest Scam In The History Of Mankind - Who Owns The Federal Reserve? Hidden Secrets of Money 4
https://www.youtube.com/watch?v=iFDe5kUUyT0
>studied in russian uni for free (thank you communism)
>dropped out before graduation
>moved to canada & became permanent resident
>applied to local uni
>got credits from russian uni
>studied for 2 years
>ended up with a BA
>total money spent on this - ~$4k
>already paid, living debt-free canadian life
$26400 isn't that much money. For a 4 year degree that's only $6600/yr. Can't their parents pay that tuition or loan them the money?
>>79448882
There's a loophole for expats living overseas. Unless your income exceeds $99k or some shit you don't need to pay US taxes. That means your AGI is 0. That means if you get on an IBR plan you literally pay $0 per month. I'll be abusing the FUCK out of this next year.
>>79447690
>even basic math
I'm starting to think you people bantz so much you don't even realize you're doing it. Anyway, here's the long answer.
I took advanced math classes in high school. I had one lesson in Honors Algebra II where we learned how exponential functions work and applied it to compound interest. I also had one college-level economics class where we still didn't really learn what a loan is and how it works. I was a good student in high school and took high-level math classes, so I imagine the vast majority of high school students get no direction on how finance works since high school for any students who aren't smart enough for honors/advanced placement/gifted programs is basically taxpayer-funded babysitting. I learned more about finance from the actual jew teaching money management Merit Badge in Boy Scouts (you can't make this up) than I ever did in high school. I didn't see the compound interest formula (pic related) until late college. So no, (((they))) do not teach basic finance in high school in America.
>>79448641
Supposed to, absolutely. I'm paying minimum (still, 5 years later) because I wasn't making a high enough salary to support actual progress-making payments until late last year. I make enough now to easily do like $1000/mo toward it, but its just so fucking hard to do that knowing it'll STILL take like 4 years at that rate, and it means I won't be able to buy anything nice. I just need to suck it up and make some progress so the interest isnt killing me.
>>79448914
Is it true that Asian women like roundeyes?
>>79448869
>tfw you didn't need a student loan
>>79448914
Hmmm...do they hire non-natives with TESL certificates?
>>79449245
It would be nice to have the option of a student loan in Ireland.
College cost me 60k, a student loan would've been nice.
>tfw parents paid for college for you
feels good not having poor parents desu
>>79448574
>so why on earth should that bother me ...
Uhm because you're german, everyone knows deep inside you hate jews. Even when you try your hardest to prove otherwise, we know it's only because you are branded for life, shamed and coping with defeat. I mean.. it is what it is.
The key is: you Act as though you're not an antisemite
Emphasis on the word act
>>79449132
Compound interest is a cunt of a thing (((they))) do, but even if it's just a fixed interest loan it shouldn't be too difficult for most people to figure out that you need to pay it back, are you able to tell if that is a compound loan? I certainly can't, was never much good at math.
>>79419892
Haha. You Brits and Americans crack me up. Paying that kind of money for a university degree .. brilliant idea.
>>79449413
How the fuck did it cost you that much? Fees are only 3.3k/annum
>>79419892
When you learn a loan isn't a gibmedat.
>>79449488
tfw when no cute jewish gf :(
>>79449244
I always considered myself average but I was regularly banging 8s when I was living in Korea. I'm already chatting up cutie Chinese girls before I leave for China.
Pic related. One of the girls I'll be meeting.
>My cousin went to Harvard and got her Logistics degree
>Not a single loan, all paid with shitty exchange rate
>making 6 a year
kek, you americans all a bunch of morons
>>79449620
Didn't get my course in Ireland so I studied in Poland. Fuck Irish universities.
Still got the grant though.
>>79449132
So what you're saying is that your highschools are complete shit. I think compound interest and infinite geometrical series was taught in 3rd year of my HS. We also didn't have any stratification (honors classes and shit like that).
Illinoisfag here and advising all others here too
The state is broke (litterally as in nothing has been payed) and as a result college is fucking expensive
Leave the state before you get railed by these cost, it's cheaper to go to a state school Texas than go to a state school here
Modern Day Slavery
Whips and chains are hard to justify. It looks bad and people generally just feel bad saying this is a free country when we have all the black people chained up picking cotton.
All this has been fixed.
Modern day slavery. Paper is cheaper than metal and they own you for the rest of your lives. College, mortgages, credit cards and car notes. All your "retirement" accounts are vested fully in the stock market which is looted every 5-15 years which keeps siphoning off any wealth you may think you have through as others have shown in this thread math tricks.
Put $100 into the retirement account and it drops 50% you now have to make 100% to break even.
Take a student loan of 26k and it turns into 100K.
"Buy" a $200k house and pay it off after 30 years and you're the proud owner of a $388 house.
Slavery didn't disappear. It just now has a much more user friendly look and feel to it.
>>79449827
Electrical engineering?
>>79443117
I got a job for $20/hr three weeks out of college with no experience, and I owe $16K. I could pay this off in 3-4 years, if I'm lazy, or sooner if I buckle down.
Debt isn't going to be a problem if you're proactive in getting a job. Run through a few job sites and find some jobs.
HERE'S THE SECRET THOUGH, if you find a job that you aren't qualified for (by a great margin E.G. 5+ years of experience), don't bother.
However, this shows that the company is willing to hire people, so go to the company website instead and send in a cold resume.
Only applying directly to jobs will most likely get your shit trashed. They only find the first 5-10 qualified applicants, and then they dump the rest without even looking.
After all, why waste your time? Boss man is on your ass and you need that position filled now.
But the great thing about cold resumes is that HR doesn't bother with them until they have a job lined up. So instead of being immediately trashed, you get put to the side and get priority when a new job opens.
The job they offer you might not be what you initially wanted. However, if it pays well then suck it up. You aren't going to get that perfect job from your fairy god mother, you have to earn it.
>>79419892
Really makes you think huh
>>79449962
Veterinary Medicine.
>>79419892
then dont go to college you stupid cheap whore
>the libs are seriously trying to pretend emulating this american college debt system of uncapped prices and spiralling out of control interest is a good idea
>the very same libs who back in their uni days stormed admin offices to protest a very small administration fee on their dirt cheap degrees
It's election day you cunts, don't fuck this up.
>>79419892
Don't sign a contract for a loan unless you actually understand and agree to the terms.
>>79446817
Some people assume native Americans get free school.
They don't necessarily, it would depend on the tribe.
>>79433858
>help people communicate
>speech philology
>speech mythology?
>yes
topkek
We live in a world where we have access to the largest library of information from our pockets.
Colleges literally try to deter men with patronising and sexist, presumptuous "No means no, and if she's passed out you probably shouldn't stick your wee-wee in her" mandatory classes.
Their leftist brainwashing agenda is common knowledge, shit it's done right out in the open for everyone to see.
Each student is a brainwashed clone of another.
There is an over-saturation in the market of college educated workers to the point where a degree is meaningless.
The prices have even hiked up enough to force employers to train on the job rather than expect a degree from younger applicants.
Lets be honest. That debt is the well deserved badge of stupidity for failing the litmus test of intelligence, that is the modern higher 'education' system.
Work, grind, invest. Find a cushy, low-laying job that you can handle and do indefinitely, and throw a bit of cash into some investments over time. That way you start in the green, rather than in the red, fighting, climbing, and failing to get back up.
>>79419892
>1 post by this ID
You get as much credit card credit as you can get, before you graduate.
max the cards out paying off the student loans.
declare bankruptcy once you get a job.
weasel out of much of the credit card debt as possible.
>>79419892
> there are >200 posts
>1 post by this ID.
>>79450381
I...DECLARE...BANKRUPTSY!!!!!
>>79449547
Yeah it's a compound loan. Makes more sense when you see what all the variables mean. I think people just pay back whatever it takes to keep the bill collectors from calling them, not realizing that they aren't climbing out of the hole, just sinking slightly slower. They understand that they need to pay the loan back, but they don't understand that they have to pay it back faster than it grows. Convincing them why it's in their best interest to pay off the loan as fast as possible, unless you are investing the money at a higher rate than the loan interest is absolutely a lost cause. Talk to most normal people about the present and future value of money (see formula) and you get a blank stare in seconds.
>>79450146
>implying Labor is going to be any different, let alone better
If they win, get ready for Sanders-tier taxes cunt
>>79436331
Yeah you wen to the local school so you could stay at home with mommy and daddy and not pay for housing/food. Not everybody has that option.
>>79450517
What do you base that on champ?
>>79436053
>>79436352
>>79436422
>>79436611
Women just assume they'll marry a man who will pay for everything including their debts.
>>79450713
In my opinion, their spending record points to that path.
>take out loan with interest
>be surprised when you end up having to pay more in interest than the amount the loan is
MAYBE YOU SHOULD FUCKING DO THE MATH BEFORE GETTING THE GODDAMN LOAN
>>79449941
>So what you're saying is that your highschools are complete shit
Correct.
>We also didn't have any stratification
They have advanced classes because American schools don't fail students. So you'll have kids who should be multiple grades behind in the same class as everyone else. Everything gets geared towards the dumbest and least attentive students because that's the only way they move along with their peers. The higher the grade, the more obvious it becomes.
It's pretty similar here in Canada.
>>79437363
Special snowflake optimism. They think they'll be handed an easy well-paid job that gives them social status. Those only go to the nepotists.
>>79450988
#YOLO
