Does anyone else owe a TON in student loans?

[Anonymous]

Anonymous wrote:PP Why would you possibly care what their financial situation is? or jump to the moronic, baseless conclusion that they suck at their jobs? The question posed by the OP was "Does anyone else owe a TON in student loans" it was NOT - Please feel sorry for me and DH, please judge my decisions, please criticize my ability to manage my finances or, even more outrageously, my ability to perform my job. It was a "is anyone else out there." I guess now we know, you're out there, PP, and you're a total moron.

Yes I would want to know the financial pressures on my lawyer and doctor. They could easily be start recommending unnecessary procedures and other things to generate fees.
"Concerned about rising rates of employee theft and fiduciary issues, more employers are conducting credit background checks on applicants for some positions. Companies say the financial information can offer insight into a candidate's level of responsibility. But people whose previously solid credit has been damaged by the economic downturn say they are victims of circumstances beyond their control."
http://online.wsj.com/article/SB10001424052748703909804575123611107626180.html

hahah good luck with that. So you're saying people who are in debt are immoral? Have you paid off your house? Your cars? Do you have what I deem to be enough money in the bank? If not, you must be doing things that are both immoral and illegal. Brilliant reasoning.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It seems to me that there are a few people on this board who think getting an education and having kids are an entitlement. Please! Then, you talk about loan foregiveness, etc. This mentality is completely disgusting.

You're confused. The poster who stays at home who everyone is attacking is not talking about loan forgiveness. Also, the OP specifically stated she's paying her loans back and is not seeking out loan forgiveness. So what/who are you talking about? I think you've mixed the posts up. Also, since you seem to think the manner in which certain people have pursued their education and the way they've planned their famlies represents a disgusting mentality, why don't you provide some information on your education and family planning? Who knows, your situation may make a lot of people sick too.

you mean, her husband is paying her loans back.

[Anonymous]

hahah good luck with that. So you're saying people who are in debt are immoral? Have you paid off your house? Your cars? Do you have what I deem to be enough money in the bank? If not, you must be doing things that are both immoral and illegal. Brilliant reasoning

You are naive and your specious reasoning does not hold. These pressure will affect peoples judgement. I guess in your world there is no such thing as conflict of interest or disclosure statements.
As for your questions; house no but could pay in off in cash in a month or two, cars three yes paid cash, 12 - 20k in checking at bank depends on the month, saving and investments else where. How about you?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It seems to me that there are a few people on this board who think getting an education and having kids are an entitlement. Please! Then, you talk about loan foregiveness, etc. This mentality is completely disgusting.

You're confused. The poster who stays at home who everyone is attacking is not talking about loan forgiveness. Also, the OP specifically stated she's paying her loans back and is not seeking out loan forgiveness. So what/who are you talking about? I think you've mixed the posts up. Also, since you seem to think the manner in which certain people have pursued their education and the way they've planned their famlies represents a disgusting mentality, why don't you provide some information on your education and family planning? Who knows, your situation may make a lot of people sick too.

you mean, her husband is paying her loans back.

What's the difference if she's paying them back or her husband is? Who cares? First, who keeps their debt separate from their spouse? That's absolutely bizarre. Do you people live different lifestyles than your spouses? "Oh, she had more debt than me prior to the marriage, so I have $2,000 extra in spending money every month while she can scrimp and eat ramen so she can pay her debt." Seriously, WTF???????????????

[Anonymous]

Anonymous wrote:hahah good luck with that. So you're saying people who are in debt are immoral? Have you paid off your house? Your cars? Do you have what I deem to be enough money in the bank? If not, you must be doing things that are both immoral and illegal. Brilliant reasoning

You are naive and your specious reasoning does not hold. These pressure will affect peoples judgement. I guess in your world there is no such thing as conflict of interest or disclosure statements.
As for your questions; house no but could pay in off in cash in a month or two, cars three yes paid cash, 12 - 20k in checking at bank depends on the month, saving and investments else where. How about you?

You could pay your house off in cash in 1-2 mos with the 12-20K you have sitting in your bank account? Wow. Impressive. You must live in a verrrrrry spacious drawer somewhere.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It seems to me that there are a few people on this board who think getting an education and having kids are an entitlement. Please! Then, you talk about loan foregiveness, etc. This mentality is completely disgusting.

You're confused. The poster who stays at home who everyone is attacking is not talking about loan forgiveness. Also, the OP specifically stated she's paying her loans back and is not seeking out loan forgiveness. So what/who are you talking about? I think you've mixed the posts up. Also, since you seem to think the manner in which certain people have pursued their education and the way they've planned their famlies represents a disgusting mentality, why don't you provide some information on your education and family planning? Who knows, your situation may make a lot of people sick too.

you mean, her husband is paying her loans back.

What's the difference if she's paying them back or her husband is? Who cares? First, who keeps their debt separate from their spouse? That's absolutely bizarre. Do you people live different lifestyles than your spouses? "Oh, she had more debt than me prior to the marriage, so I have $2,000 extra in spending money every month while she can scrimp and eat ramen so she can pay her debt." Seriously, WTF???????????????

New Poster. Of course in most households the money goes into one pot so to speak, even if you have separate accounts. But asking someone to take on your significant debt - yeah, that's problematic for some people and I'm not sure why that's difficult to understand. If it works for that poster and her husband, fine, but count me in as someone who wouldn't be okay with that personally.

[Anonymous]

PP who keeps defending the husband paying - you've made the same argument 10 times - it's obvious since you have a distinctive "writing" style. You don't agree, fine. Some of us think that taking on massive debt for an education you abandon is immature, irresponsible and short-sighted. What kind of example is that for OP's kids?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It seems to me that there are a few people on this board who think getting an education and having kids are an entitlement. Please! Then, you talk about loan foregiveness, etc. This mentality is completely disgusting.

You're confused. The poster who stays at home who everyone is attacking is not talking about loan forgiveness. Also, the OP specifically stated she's paying her loans back and is not seeking out loan forgiveness. So what/who are you talking about? I think you've mixed the posts up. Also, since you seem to think the manner in which certain people have pursued their education and the way they've planned their famlies represents a disgusting mentality, why don't you provide some information on your education and family planning? Who knows, your situation may make a lot of people sick too.

you mean, her husband is paying her loans back.

What's the difference if she's paying them back or her husband is? Who cares? First, who keeps their debt separate from their spouse? That's absolutely bizarre. Do you people live different lifestyles than your spouses? "Oh, she had more debt than me prior to the marriage, so I have $2,000 extra in spending money every month while she can scrimp and eat ramen so she can pay her debt." Seriously, WTF???????????????

New Poster. Of course in most households the money goes into one pot so to speak, even if you have separate accounts. But asking someone to take on your significant debt - yeah, that's problematic for some people and I'm not sure why that's difficult to understand. If it works for that poster and her husband, fine, but count me in as someone who wouldn't be okay with that personally.

So you would not marry someone because they have significant debt?

[Anonymous]

Anonymous wrote:PP who keeps defending the husband paying - you've made the same argument 10 times - it's obvious since you have a distinctive "writing" style. You don't agree, fine. Some of us think that taking on massive debt for an education you abandon is immature, irresponsible and short-sighted. What kind of example is that for OP's kids?

The SAHM with the 3 kids is supposed to set an example for the OPs kids?

[Anonymous]

What a bunch of judgmental weirdos. Anyone that takes the time to scold the PP who made a family decision that he would work and she would stay at home with the kids needs to get a life. Or, more likely, a life they actually like, so that they don't feel the need to come on here and be needlessly judgmental of an entirely personal choice.

[Anonymous]

Anonymous wrote:
So you would not marry someone because they have significant debt?

Fact is lots of people wouldn't. Big student loan debt is being called the anti-dowry, or the new STD.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
So you would not marry someone because they have significant debt?

Fact is lots of people wouldn't. Big student loan debt is being called the anti-dowry, or the new STD.

True love is hard to find.
Fact is lots of people claim to marry for love.

Either way, the moral of this thread is that college if for the rich. If someone had to go into debt, then instead of congratulating them for what they achieved, we must tell them how stupid they have been. And if they managed to have kids as well then we must all tell them they are irresponsible.

College if for the offspring of the rich. Those poor folks must have taken the spot of someone elses child of priveledge.

how bad of them. They could have settled for a life as a secretary or a waitress or an ambulance man or a traffic cop

[Anonymous]

"We were late bloomers in the finances department, ok? "

And Common Sense 101.

[Anonymous]

Anonymous wrote:"We were late bloomers in the finances department, ok? "

And Common Sense 101.

Paying interest only on $300K in student loan debt, after having adding on a mortgage on top of that debt, having three kids, and having one parent quit the workforce, doesn't make you a late bloomer. It makes you a have not yet bloomed.

[Anonymous]

$7K. I chose a college that offered me a full-tuition scholarship, worked my way through undergrad, and went to grad school (MBA) part time so I could keep working and only borrow $20K. I have $7K left. I should pay it off but the rate is so tiny that I prioritize other (higher-interest) debt first, like my mortgage.