Does anyone else owe a TON in student loans?

[Anonymous]

Anonymous wrote:Gee, I can't begin to tell you how happy it makes me to hear all of you scamming your way out of repaying your school debts. As a fellow taxpayer, I say thank you. Thank you very much.

This loan forgiveness deal should be canned. I think I'll suggest it to the committee looking to balance the budget. Sounds like it could make a sizable dent.

Go to hell.

[Anonymous]

I owe 381,000 in student loans for dental school, interest accumulating at 2,000 per month. Living paycheck go paycheck. In IBR because i cant afford to make the 4600/mo payment to be done in 10 years. By the way for all those complaining about people having their loans forgiven, its not totally a get out of jail free card, you have to pay taxes on the amount forgiven.

[Anonymous]

Anonymous wrote:[quote]I don't hate people who have student loans, but I do think they should repay them. That's a very, very large sum of money and I didn't need to take a loan out in that amount to go to school. I got a degree and went to a school I could afford. I also make a good salary and have not relied on the American taxpayer to foot my college tuition.

x100.

And merely working for the feds doesn't quite cut it. Being the sole doctor on the Pine Ridge Indian Reservation in South Dakota, the poorest county in the US? sure. Ditto for being the only public defender somewhere in the Mississippi Delta who helps indigent folks who are in jail, for years on end.

But, forgiving hundreds of thousands of dollars in loans per person because that guy is a GS-14 lawyer telecommuting from Herndon for the HHS? Working 8:45 to 4:30? Really?!

Who can I call about this.

I totally agree...why are we paying for this?

[Anonymous]

Anonymous wrote:I owe 381,000 in student loans for dental school, interest accumulating at 2,000 per month. Living paycheck go paycheck. In IBR because i cant afford to make the 4600/mo payment to be done in 10 years. By the way for all those complaining about people having their loans forgiven, its not totally a get out of jail free card, you have to pay taxes on the amount forgiven.

emmigrate to Australia or New Zealand
and forget

[Anonymous]

Anonymous wrote:DH and I owe a LOT in student loans - almost $400,000. Anyone else out there also owe a huge amount? I constantly see posts on how much people have saved for retirement or in case of emergency, and we just don't have that. Are we the only ones who owe this much?

me me me me single head of household. I owe 167. Every time CUA asks for more money I get pisssseeedddd!

[Anonymous]

CUA?

[Anonymous]

I just graduated college last month. 85k in loans between the two of us. No job prospects currently. I see it as a cautionary tale of why my future kids will have to do better in high school. Expensive lesson, but at least I'm not alone.

[Anonymous]

NADA. DH had paid all of his off by the time we married at 28. It was a personal struggle those 6 years post college, but he sacrificed and did it!

My parents were anti-loan so they told me if I went in-state they would pay for 4-years undergrad in full---or equivalent out of state (but I'd have loans). Took their advice and went in-state. For graduate school--I was a biochem/microbiol major so I get a full stipend and worked as a teaching assisstant in a lab and didn't have to pay a dime!!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Gee, I can't begin to tell you how happy it makes me to hear all of you scamming your way out of repaying your school debts. As a fellow taxpayer, I say thank you. Thank you very much.

This loan forgiveness deal should be canned. I think I'll suggest it to the committee looking to balance the budget. Sounds like it could make a sizable dent.

Go to hell.

Nope. Agree with the first poster. The debt/loan crisis makes tuition creep higher and higher which f*cks with people who are paying it on their own. Schools know they can raise tuition because loans will be given to cover the cost..and people (like mortage crisis) won't use their brains and continue to borrow extreme amounts they can never re-pay. This allows for the universities to continue to raise it making it harder for us poor sad-sacks that save and pay with our money. Most people will never be in a profession to justify the huge debt they incurred---esp those with cr*p degrees form cr*p schools.

[Anonymous]

DH and I combined = $90,000 student loans

[Anonymous]

Anonymous wrote:CUA?

NP here, but probably Catholic (University of America)

[Anonymous]

Anonymous wrote:CUA?

Catholic University...

If you went to school in DC then you would know the acronyms for colleges around here..

Here are the ones that I can rattle off the top of my head.

GU
GWU
CUA
HU
GMU
AU
TC
UDC

[Anonymous]

Another Science PhD here (after a scholarship undergrad to a middling In-State school). I was paid to go to school. Not much, but it was enough to live on in a small city! Now I have a great career that pays very well, and thankfully have no student loans.

I will encourage my children to do the same, if they show ANY inclination in the sciences!

[Anonymous]

If we can bail out the banks for their greed and stupidity, why not give that kind of money for school? The country is better off with an educated population.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

Yep.

And while having kids is a now-or-never decision, choosing to SAH is not. Especially while paying only interest on a huge loan.

Unbelievable.

I totally get her wanting to stay home. Kids are only little for a very short time. They seem fine with the downsides, so there's really no problem here at all.