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Reply to "Defaulting on student loan? "
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[quote=Anonymous][quote=Anonymous][quote]I worked my tail off at jobs I wasn't 100% in love with and paid them all off in 6 years. I didn't go out and buy a fancy car or clothes, etc. I put it all towards paying the loans,because it was my duty, my obligation. It never would have occurred to me that I should find a way to not pay them. your boyfriend needs someone to slap him and say snap out of it. this to me is part of the problem with millenniums, it is like they don't want to work for all the glory, they are waiting for publishers clearinghouse to knock on their door and say you've won this great perfect easy job that pays all the money in the world for no effort, you deserve it, you're perfect.[/quote] There does seem to be a disconnect. We have done a disservice to our children (and ultimately our society) by creating a generation that has no work ethic, unrealistic expectations and delusions of grandeur.[/quote] There is a disconnect but we're not all irresponsible. I'm in my mid 20s, 30k in (federal) loans with a BA and an MA. I've been working for a few years on an entry level salary and paid off nearly 10k so far. I take my loan repayment responsibility very seriously and my interest rates are high enough that it doesn't make sense financially to save for retirement (esp. right now) until I pay off the loans. I'm hoping to finish them off in the next 3 years or so. [/quote]
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