- 2,651
- 12
- Joined
- Dec 16, 2003
First student loan payment unappreciation post
- 1,477
- 75
- Joined
- May 7, 2007
Originally Posted by areyouin729
seriously are you slow? no offense but let me break it down
to defer your loans you need to be in school atleast HALF TIME which is in 6 credits
so you are gonna spend let's say $2200 at a community college for 6 credits worth of classes to avoid paying for what you already owe?
all I can do isat people like you
2200 damn where are you? 2 classes in maryland is like 600
- 2,960
- 11
- Joined
- Mar 19, 2008
Pell Grant FTW
- 2,651
- 12
- Joined
- Dec 16, 2003
Originally Posted by Mr Anleu
Originally Posted by areyouin729
seriously are you slow? no offense but let me break it down
to defer your loans you need to be in school atleast HALF TIME which is in 6 credits
so you are gonna spend let's say $2200 at a community college for 6 credits worth of classes to avoid paying for what you already owe?
all I can do isat people like you
2200 damn where are you? 2 classes in maryland is like 600
$600 or $2200...why would you pay money to not have to repay money??? am I missing the logic
- 1,930
- 10
- Joined
- Jun 13, 2006
^No you are right. it doesn't make sense at all
. It's not like the debt goes away, it just incures intrest so you spend 600 on a class now so youdon't have to pay money you will eventually have to pay anyway. Remember folks, even if you file bankruptcy you will still owe for your student loan debt.
mexicansoul
Banned
- 942
- 11
- Joined
- Oct 21, 2007
Originally Posted by Fanatic15
^No you are right. it doesn't make sense at all. It's not like the debt goes away, it just incures intrest so you spend 600 on a class now so you don't have to pay money you will eventually have to pay anyway. Remember folks, even if you file bankruptcy you will still owe for your student loan debt.
but after 30 years, I believe it goes away if I understood correctly from watching that one chick on CNN breaking down peoples incomes with debt.
- 1,930
- 10
- Joined
- Jun 13, 2006
I would guess that is patently false. I've never heard such a thing. Student Loan debt never goes away, unless you dieOriginally Posted by MexicanSoul
but after 30 years, I believe it goes away if I understood correctly from watching that one chick on CNN breaking down peoples incomes with debt.Originally Posted by Fanatic15
^No you are right. it doesn't make sense at all. It's not like the debt goes away, it just incures intrest so you spend 600 on a class now so you don't have to pay money you will eventually have to pay anyway. Remember folks, even if you file bankruptcy you will still owe for your student loan debt.
- 572
- 10
- Joined
- Jun 12, 2007
I'm right there with you, I graduated in May and my first payment is due on the 21st
. Which is such terrible timing seeing as the 11/12 package comesout on the 20th.
- 8,157
- 5,338
- Joined
- Dec 3, 2007
Not even, hell is full of accountants and lawyers waiting to tax that *** on behalf of salli mae....ZINGGGG...Originally Posted by Fanatic15
I would guess that is patently false. I've never heard such a thing. Student Loan debt never goes away, unless you dieOriginally Posted by MexicanSoul
but after 30 years, I believe it goes away if I understood correctly from watching that one chick on CNN breaking down peoples incomes with debt.Originally Posted by Fanatic15
^No you are right. it doesn't make sense at all. It's not like the debt goes away, it just incures intrest so you spend 600 on a class now so you don't have to pay money you will eventually have to pay anyway. Remember folks, even if you file bankruptcy you will still owe for your student loan debt.
- 1,907
- 11
- Joined
- May 29, 2008
yeah i graduated from uni last spring and first loan payment FTL!
i'd never defer, get the shiiiz over with sooner rather than later. why'd i wanna pay more interest, its more money on top of the money i owe. nothanks.
i'd never defer, get the shiiiz over with sooner rather than later. why'd i wanna pay more interest, its more money on top of the money i owe. nothanks.
- 1,231
- 26
- Joined
- Sep 28, 2002
I'm going to be graduating with the same amount coming out of undergrad. At least the interest rates on student loans aren't ridiculous (unless theywere private). Paying $200/month for around 10 years isn't that bad. And if you get to a point where you can pay more, that's all the better.
- 2,651
- 12
- Joined
- Dec 16, 2003
i hope you seriously do the right thingOriginally Posted by randomhero1985
I'm right there with you, I graduated in May and my first payment is due on the 21st. Which is such terrible timing seeing as the 11/12 package comes out on the 20th.
superblytrife
Supporter
- 20,817
- 21,964
- Joined
- Mar 20, 2002
Big ups to my mom for requesting my portion of her will money go towards my student loans. I sure would've blown through that money llike nothing.
- 6,782
- 18
- Joined
- Dec 29, 2006
Reminds me of this dude @ my job who was under the impression that his parents were gonna pay his loans.
Dude bought a 350z right out of college and thought he was doing it till the 6 month deferment period past and the bills started rolling in
. He was at my last rotation assignment so I dont know what became of him or his350z.......
Dude bought a 350z right out of college and thought he was doing it till the 6 month deferment period past and the bills started rolling in
- 3,004
- 36
- Joined
- Nov 28, 2002
The first level of my graduated payment plan ends this month. I've been payin' $68/month for the past 2 years and starting in January it goes up to$145.....Luckily I have a job.
- 3,170
- 11
- Joined
- Dec 31, 2006
Originally Posted by ThrowedInDaGame
Reminds me of this dude @ my job who was under the impression that his parents were gonna pay his loans.
Dude bought a 350z right out of college and thought he was doing it till the 6 month deferment period past and the bills started rolling in. He was at my last rotation assignment so I dont know what became of him or his 350z.......
didnt u buy a car too?
- 3,953
- 19
- Joined
- Jan 7, 2004
I wanna see a loan for a private institution
- 6,782
- 18
- Joined
- Dec 29, 2006
Probably resembles a mortgage
- 2,447
- 146
- Joined
- Jun 5, 2006
I have been paying mine consistently for 6 years and it sucks. I will be done by the end of 2009, and I cant wait
- 1,834
- 15
- Joined
- Dec 22, 2005
damn this what i have to deal with after I get out of school in 1 in a half yr.
- 234
- 10
- Joined
- Sep 14, 2006
Originally Posted by ThrowedInDaGame
Probably resembles a mortgage.
It does
Sadly that was only undergrad. I still gotta make it through Pharmacy school. My parents make too much for financial aid, yet wont pay for school forcing meto take out many private loans. right now its somewhere near 70k and if i entered payment right now it would be something like 850 a month.
- 708
- 11
- Joined
- Jun 29, 2007
Originally Posted by sunshine734
Originally Posted by ThrowedInDaGame
Probably resembles a mortgage.
It does
Sadly that was only undergrad. I still gotta make it through Pharmacy school. My parents make too much for financial aid, yet wont pay for school forcing me to take out many private loans. right now its somewhere near 70k and if i entered payment right now it would be something like 850 a month.
Man, pharmacy is worth it. I can vouch. I feel blessed that I got all the way through 2-years undergrad and pharmacy school and only came out with 50k worthof loans.
I was gonna post a pic of my balances, but citi is down for maintenance right now.
I have a 4 year plan to pay that joint of in full. Forget that 20 years repayment BS...After all the interest accrued, the amount paid back would be nearlydouble.
But yea...First student loan payment is definitely unappreciated
That's pretty much the alarm clock for real life...that's when the %%@+ has offically hit the fan.
- 262
- 10
- Joined
- Mar 8, 2005
I have two years left of undergrad and so far I have only taken out 2k. Luckily I have financial aid and scholarships to help me. I will have to mostlikely take out loans for my grad school but investing in my own brain is the best investment.
- 6,617
- 13
- Joined
- Jul 23, 2004
I do not look forward to that day.
- 2,135
- 68
- Joined
- Sep 17, 2007
I wanna see a loan for a private institution
How's 14,000+ per SEMESTER at my school? I'm definitely not trying to defer that
