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Student Loan Crisis is coming to a TRILLION $ head

 
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SamoneLenior View Drop Down
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Post Options Post Options   Thanks (2) Thanks(2)   Quote SamoneLenior Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 2:00pm
Originally posted by Positive K Positive K wrote:

lol Sallie Mae keeps sending me emails about paying back a loan and I didn't even take one out from them...I was going too but before I completed the process I canceled


better do a credit check
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niecy View Drop Down
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Post Options Post Options   Thanks (1) Thanks(1)   Quote niecy Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 2:00pm
Originally posted by Finesseful Finesseful wrote:

I think we care less about loans because we are raised on certain practices. Niccas been living check to check & robbin peter to pay paul for decades. To old black folks it's like what's another bill? I seriously think thats where loan apathy stems from. 

Of course black folks think that way because alot of black folks ain't never had to worry about a bill that large. And then there's also those who, if they ever have had to worry about a bill that large probably don't pay it off and end up with bad credit because of it anyway.
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Post Options Post Options   Thanks (2) Thanks(2)   Quote binky622 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 2:00pm
Originally posted by Finesseful Finesseful wrote:

I think we care less about loans because we are raised on certain practices. Niccas been living check to check & robbin peter to pay paul for decades. To old black folks it's like what's another bill? I seriously think thats where loan apathy stems from. 

especially when you don't have it
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EPITOME View Drop Down
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Post Options Post Options   Thanks (13) Thanks(13)   Quote EPITOME Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 2:00pm
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Post Options Post Options   Thanks (1) Thanks(1)   Quote Finesseful Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 2:00pm
Originally posted by ScorpioLuv ScorpioLuv wrote:

Originally posted by ModelessDiva ModelessDiva wrote:




Why is it that you have to pay back money given to you for an education.

But former welfare recipients don't have to pay a dime of anything back.

They should make those on any type of welfare pay back at least a portion of what they received after they are done along with those paying back student loans.

This country seems to favor those who have messed up more than those trying

Most stay on gov assistance of some type though and never make it out of the lower class to be able to pay anything back.


True, but it's people in school who are told they don't even qualify for food stamps, which is unfair. How you gone be your best self if you can barely eat? I think if your name is on ALL your loans and you make less that $50000 a yr, you should get food stamps.
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Post Options Post Options   Thanks (1) Thanks(1)   Quote newdiva1 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 2:01pm
Originally posted by BeatriceBean BeatriceBean wrote:

And then you get into deep debt trying to better yourself, but you can't get a job because you didn't pass the credit check. If you didn't have to pay so much for school your credit might actually be decent, smh.

 
 
 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ModelessDiva Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 2:01pm
Originally posted by ScorpioLuv ScorpioLuv wrote:


Originally posted by ModelessDiva ModelessDiva wrote:




Why is it that you have to pay back money given to you for an education.

But former welfare recipients don't have to pay a dime of anything back.

They should make those on any type of welfare pay back at least a portion of what they received after they are done along with those paying back student loans.

This country seems to favor those who have messed up more than those trying

Most stay on gov assistance of some type though and never make it out of the lower class to be able to pay anything back.


True.

Are you really able to stay on it for life though?

If so......... _______/\____
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niecy View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote niecy Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 2:01pm
PK I'm about ready to tell Sallie Mae to go fck themselves if they don't leave me alone. I already deferred my loans AND told them I was still in school yet I keep getting harassed.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ScorpioLuv Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 2:02pm
Originally posted by ThoughtCouture ThoughtCouture wrote:

Originally posted by ScorpioLuv ScorpioLuv wrote:

Originally posted by ThoughtCouture ThoughtCouture wrote:

whats the rules on deferring student loans now?

So many bc there's penalties for it, if u get it deferred or consolidate it, you cant get tuition reimbursement or apply for other programs sometimes.
 
also, was wondering how long you have after ending school to start paying back and how many hours are needed/semester to stay in the don't have to start paying back zone...
As soon as ur out for 1 type of gov loan and 6 months i think for the other. 1 type doesnt accrue interest will in school, the other does.
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Post Options Post Options   Thanks (1) Thanks(1)   Quote ModelessDiva Quote  Post ReplyReply Direct Link To This Post Posted: Mar 01 2013 at 2:02pm
Originally posted by EPITOME EPITOME wrote:





I love this!!

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