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College and University Discussion
Reply to "DS upset about loans"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]His complaints are ridiculous. He should be paying the whole thing himself. You raised a spoiled, entitled brat. [/quote] HE IS. By working to reimburse his parents, who were foolish enough to take out a bloody loan for a too-expensive college. Again, for the morons in the back. It's not the student who can take out loans. It's the parents. This is OP's fault entirely from start to finish. SHE signed the loan document. [/quote] Where does it say he's paying the whole amount back to his parents? [/quote] OP said loans were taken out and that they're only paying 70K out of 90K. He's upset about needing to work. Can you put two and two together??? [/quote] PP said the son is paying the whole thing, which would be $90k+ per year. He's not paying anywhere close to that. Spoiled and ridiculous.[/quote] How stupid are you? [b]There is no way a freshman in college can earn 90K a year, even without a full course-load. It's amazing they can work to earn the difference, which is 20K! [/b]And they have every right to complain if OP and spouse blithely signed the Parent Plus loan and forced their kid into this college, telling him he could just work off the 20K every year. The kid didn't realize it would be this hard, and that's not his fault. He's allowed to complain. I would never do this to my kids. We're fortunate that we can pay for all their education, but if we had to borrow, I wouldn't make them study AND work at the same time. They can pay me back after they graduate and have a full time job. If their work is so stressful that their grades dip in college, then they're less likely to get that full time job once they graduate anyway, so I would just be looking out for everyone's finances in that scenario... [/quote] No one said anything about earning 90k/ year, or 20k/ year. His loans are for around that amount. He is lucky his parents are paying what they are. But many people do earn 20k/ year, and much more, while going to school full time- just not spoiled, entitled people like OP's son.[/quote]
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