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7 Lives Wrecked by Student Loan Debt

 
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Ladybird0724 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Ladybird0724 Quote  Post ReplyReply Direct Link To This Post Posted: Jun 17 2013 at 9:45am
my husband took out sallie mae loans when he went to a technical school (20k for one yr). once, he missed one payment and they called everybody w/ his last name (its not common) from his hometown. its borderline harrassment.

he ended up joining the army to help pay them off.

one of the guys in his unit used all his deployment salary+reup bonus to pay off his student loans. they would constantly call and harrass his family for money while he was overseas.
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CamiK View Drop Down
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Post Options Post Options   Thanks (2) Thanks(2)   Quote CamiK Quote  Post ReplyReply Direct Link To This Post Posted: Jun 17 2013 at 11:06am
The best bet for some of these ppl is to stay in school forever...that way u aint neva gots to pay!!  J/K...All I know is I better get my ass in med school...cause I cant afford to pay that sh*t with a chem degree alone..Ouch
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Post Options Post Options   Thanks (2) Thanks(2)   Quote Tbaby Quote  Post ReplyReply Direct Link To This Post Posted: Jun 17 2013 at 11:15am
A good college friend of mine married a woman w/ 100k in student loans for a BS in education.  She's a elem teacher.  Needless to say their combined incomes go to her debt.  I don't know if he had loans as well.  When he told me that my jaw dropped...I don't think I would even date someone, much less marry them with that much in loans.  50K maybe, but 100K?  oh hail no!
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Post Options Post Options   Thanks (3) Thanks(3)   Quote Ladybird0724 Quote  Post ReplyReply Direct Link To This Post Posted: Jun 17 2013 at 11:38am
Originally posted by SamoneLenior SamoneLenior wrote:

Originally posted by Tbaby Tbaby wrote:

A good college friend of mine married a woman w/ 100k in student loans for a BS in education.  She's a elem teacher.  Needless to say their combined incomes go to her debt.  I don't know if he had loans as well.  When he told me that my jaw dropped...I don't think I would even date someone, much less marry them with that much in loans.  50K maybe, but 100K?  oh hail no!


spin off thread?

when we did our marriage counseling, the pastor asked if we had any debt - school loans included


damn...before me and hubby got engaged, we looked at each other's credit reports so we knew what we were getting into.

i hear stories about how ppl don't disclose how much debt they have to their SO, they get married, and are surprised @ the amnt of student loans/credit card debt each other has. horrible way to start a life together.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Bribby Quote  Post ReplyReply Direct Link To This Post Posted: Jun 17 2013 at 11:42am
Originally posted by CamiK CamiK wrote:

The best bet for some of these ppl is to stay in school forever...that way u aint neva gots to pay!!  J/K...All I know is I better get my ass in med school...cause I cant afford to pay that sh*t with a chem degree alone..Ouch

That's true though I know people who take minimum easy classes just to keep getting their refund (this is at community college) and to delay paying loans
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Post Options Post Options   Thanks (1) Thanks(1)   Quote csungrl09 Quote  Post ReplyReply Direct Link To This Post Posted: Jun 17 2013 at 11:45am
This is just shameful. Thank god for my father's military benefits or I would have been right there with these people (about $50000 in for undergrad and law school). I am considering joining the Air Force so that all four of my future kids will get the same benefits.
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Post Options Post Options   Thanks (1) Thanks(1)   Quote csungrl09 Quote  Post ReplyReply Direct Link To This Post Posted: Jun 17 2013 at 11:49am
Originally posted by Ladybird0724 Ladybird0724 wrote:

Originally posted by SamoneLenior SamoneLenior wrote:

Originally posted by Tbaby Tbaby wrote:

A good college friend of mine married
a woman w/ 100k in student loans for a BS in education.  She's a elem
teacher.  Needless to say their combined incomes go to her debt.  I
don't know if he had loans as well.  When he told me that my jaw
dropped...I don't think I would even date someone, much less marry them
with that much in loans.
 50K maybe, but 100K?  oh hail no!


spin off thread?

when we did our marriage counseling, the pastor asked if we had any debt - school loans included


damn...before me and hubby got engaged, we looked at each other's credit reports so we knew what we were getting into.

i hear stories about how ppl don't disclose how much debt they have to their SO, they get married, and are surprised @ the amnt of student loans/credit card debt each other has. horrible way to start a life together.


Me and my boo just did this! We looked at each others reports. We are both in good financial states with a combined debt (student loans, credit card debt and car loans) of $12,000, all of which will be paid off within 2 years. This is extremely important now. People need to be strategic about who they are marrying.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote sugabanana Quote  Post ReplyReply Direct Link To This Post Posted: Jun 17 2013 at 12:03pm
If I can cut out my hair habits I think my student loans can be paid off quicker. Other than that they will just get the minimum payments. I had grants and tuition reimbursement from my old company. They were also willing to pay/reimburse my masters but then I moved out of state. Now I'm 45k in debt.
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Lilaca View Drop Down
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Post Options Post Options   Thanks (1) Thanks(1)   Quote Lilaca Quote  Post ReplyReply Direct Link To This Post Posted: Jun 17 2013 at 12:07pm
Originally posted by Midna Midna wrote:

Originally posted by Morris Chestnuts Morris Chestnuts wrote:

rofl @ unpaid internships


My top goal in interning would be at google.

Their interns make 6k a month. Madness! Clap
i don't want to be a scientist no more....Stern Smile
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Post Options Post Options   Thanks (0) Thanks(0)   Quote blaquefoxx Quote  Post ReplyReply Direct Link To This Post Posted: Jun 17 2013 at 12:11pm
Oh and google feeds you too. I remember doing a project about the workplace there and most of the great reviews consisted of the free food...then the payLOL
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