>just take out a lo-ACK
They will whine forever about it and refuse to go after the predatory sharks that set this up, Jews in academia and the government. Instead they will whine about Elon Musk. And this grift will continue.
>>61518292>starts sucking off Elon Musk out of nowhere
>>61518292>starts hating Jews out of nowhere
>>61518294Not what I did but like a fly to shit you came out to cry about him didn't you>SOMEONE ELSE MADE A LOT OF MONEY SOMEWHERE>THIS IS WHY KIKES IN THE 60S AND 70S WET UP A PREDATORY LENDING SCHEME TO FINANCIALIZE HIGHER EDUCATION AND ENTRAP MILLIONS INTO ETERNITY DEBTThis is your modern toothless, poop dick leftist
>>61518285>brown handsdon't care>>61518296>student loans>out of nowherepick one
>>61518314>student loans are le badokay then, accumulate the sum and pay for your tuitionnobody's forcing you to take out a loan
>>61518407Of course they are. It's like housing. Loans pumped the total cost up and now a loan is obligatory. A market can only be non loan based, non subsidized, or loan based and subsidized. A child graduating high school doesn't have $100k lying around, and a child taking full time coursework can't keep up with $30k/year in tuition + boarding + living costs. It's functionally imperative to get loans. That's the result they wanted.
>>61518285Reminder the government is the reason student loans are so expensive
>>61518432They are the reason housing, healthcare, and college alike are all so expensive. A double combination of mass subsidization and over regulation. They write blank checks for each industry and the price keeps going up for everyone.
>>61518434yes and the money printingIt's incredible nobody talks about this and blames "capitalism" instead lmaowe are so fucked
teachers are useless, getting a degree should consist of passings a certain number of exams it shouldnt require buying jewducation
>>6151848490% of corporate jobs don't need a college degree. That itself is part of the inefficiency and bloat. Students have SATs/ACTs. And yes if they want to go into a given industry there should be a formalized entrance exam to place them at a certain tier for their resume. Then from there it's internships and junior roles learning the actual job.If we didn't lock the entirety of our labor force up from age 18-23 we would have FAR more low-wage labor out there for employers to choose from and then this whole "outsource it all to Asia" thing may not have to exist. It's all so fucked. Just so academics could rape kids of debt for decades.
>>61518285Just go to a community college and pay in-state tuition. Paying over 12k for college is retarded, especially in today's world, where artificial intelligence is making bachelor degrees almost obsolete.
>>61518285Why is it always brown people that fall for the interest debt trap?
>>61518514High time preference. Only winter world folk evolved foresight.
>>61518285>Take on 40k debt to become a gender ventriloquist or whatever >"Oh no! My dream cost money and doesn't earn any."Crazy.
>>61518514>I needs them rims
>>61518285Solution is easy. >Banks cant collect debt off you on money you dont earn with a job that requires the degree>People can default on their student loans on the condition they lose their degree>When loans are defaulted, in rough proportion of responsibility,. third of the loan must be payed by the university, third is eaten by the bank, third of it is transferred to the highschool teachers. Blaming the people who get useless degrees is dumb desu. Normies are retarded and have no agency, its not their fault if the authorities figures and institutions in their life all tell them to do something retarded
>>61518285>13.5% interest ratethat's too high for a student loan, perhaps her finger color explains it
my debt levels doin a lil sum
>>61518434>>61518432I think it's crazy that they don't even try to implement a price cap for companies overcharging them by 10x what they should cost.
>>61518410SPOILER: if you are unable to collect the money, you won't be able to pay back the loan alsosomeone loancucks never realize this
I can't FUCKING BELIEVE this black girl didnt understand how compound interest works>dis be raysiss n shit
>>61518294>out of nowhere
>>61518285>black>13% interest ratethis is why both sides are not concerned about the browning of the US. jews absolutely love how easy it is to swindle these retards rather its jeets, spics or niggers
>>61518285>Be me>From poor family>At 18, go to community college>Once graduated, go to cheap state university for other two years>Majored in accounting >Worked while in school, wasn't fun and didn't have much time to myself, but it made sense to do>Total tuition for the four years was like $40k, I ended up with like $5k in student loans since I used my paychecks to cover the other $35k>Get real job upon graduation, paid off the $5k pretty quickly with minimal interest paid>Today I work in finance and make six-figures a yearIt's not that hard. Don't get a worthless degree, don't go to a expensive school if you can't afford it, and get a part time job.
>>61518949damn dude I nominate you for eugenics czar, hopefully at some point it'll only be you and your betters left
>>61518952>OMG, you gave some practical advice, you're such an elitist
>>61518296>out of nowhereLol>>61518292They are consenting adults capable of signing legal documents. If they didnt want the consequences, they shouldnt have entered into an enforceable contract
>>61518285You voted for it, stupid burgers.
>>61518656They're the ones who created the problem in the first place by subsidizing demandthey literally gave out MOST of the student loans, retard
>>61518558That's actually normal for most people who didn't attend a community college. My interest rates ranged from 3% subsidized to 18% unsubsidized. Yes, I paid it all back and am debt free. It's incredibly easy to do even under predatory conditions.
>>61518285my student loan interest was 0% when I got it. but apparently in the contract it said that my government can change interest every 5 years to whatever they want. it used to be ~0% for decades, but now it's at 2.5%. my student debt is now climbing every month by €200.jokes on them though, I'll just let it go to the moon and only pay whatever low monthly I'm legally required to.
>>61518285imagine being a nigger LOL
My student loans are at 30k @ 2.5%. Good thing is that I'm never going to fully pay it off for 20 years because I'm only going to be charged 8,1560 in interest in total. Mainly 400 USD per year or 62 monthly.Graduated in 2022 and have been aggressively putting my money into my 401k and ROTH IRA. Even having 3500 into my 401k so far has actually returned more than what my student loans are charging.Im planning on aggressively adding into my investments until i have 30k to 40k and then thats when ill pivot to reducing my student loans down to 10k to 12k and just pay the minimum balance for the rest of my life. Who cares that im getting charged 250 per year at that point? My money is better suited for ensuring i have precious metals and investments lined up.Covid was the best thing ever to happen during college because of the insanely low interest rates.
>>61519343In the United States federal student loans are a fixed rate for the lifetime of that loan. The rate you get won't ever change even if modify the rules.
>>61518292So many can't shut about about the budget for college sports and schools building stadiums, yet they'll still support the sports and athletes. Same with amenities colleges and universities are including while adding it to tuition.
>>61519943You are retarded if you think sports cost colleges anything
>>61518432>>61518434It's insane USC and UC schools continue to increase tuition yearly, in addition to raising salaries of administration.I hear a lot about NIMBY. But what home owners or renters want a homeless shelter or safe injection site down the street?
>(((temple))) university
>>61518296>Usury>JewsIf you don't see the connection you likely struggle completing the new captcha which only requires an IQ above 80.
>>61518285is usury not illegal in murica?
>>61518292You started defending Elon Musk out of nowhere. He doesn't pay his loans either.
>>61520261This country is run by jewish mobsters, of course it's perfectly legal.
>>61518503>90% of corporate jobs don't need a college degreeThey require a degree because the Disparate Impact clause of the Civil Right Act made it illegal to do general aptitude tests as part of the hiring process. A degree requirement was the legally acceptable alternative.Anyway SCOTUS overturned disparate impact this year but it's far too late. Even if you have teh degree companies just want h1b and outsourcing now.
>>61520261It's only frowned upon if it's a tiny hat giving out a loan to another tiny hatThis is why they take over every business btw
>>61518285>pay>a loan that you can't declare bankruptcy onLol Lmao even ah jeez dood
>>61518949height and skin color? I'm glad for you but it's not that easy for your average two digits IQ normalfag. I hope you're not a 35 yo oldfag giving the millenial equivalent of boomers' "just give a hand firmshake!"
>>61520925>>61520983well, how come rich americans have such creative ways of getting anywhere in courts (like getting out of jail after killing someone) yet you can't defeat this enslaving financial system? surely you guys could unite and go to court and declare all of this debt illegal, illegitimate, immoral or something?
just dont pay it
>>61518285my student loans have a 1.75% interest rate. with inflation I'm literally saving money by paying them off as slowly as possible
>>61518472You need a certain minimum IQ to be resistant against thought terminating cliches.
>>61518285>13,5% interestDid she used a credit card? Amerimutts explain.
>>61518285>I SHOULD JUST GET FREE MONEY FOR FREE BECAUSE I EXIST LELSad!
>>61518285is there a way to convert student loans into money - as in YOU get the amount loaned, then you can invest it into stocks and repay it from the returns
>>61522937guess who pays for that in the end :)
>>61518285Unironically why is this shit legal in murricaYou pay yet your total loan increases constantly and if you pay too much your credit score drops?
>>61527066?Because its a government backed loan since no private company is giving 50k in loans to random fucking 18 year olds who won't even pay the minimums
>>61527066The total loan never goes up, you're just paying to service the fact that you don't have the money. You can always just pay it off and no longer have to service the interest. There's be no loans if there wasn't any value in them.
>>61518292education is a basic human right
>>61526875yeah, good luck averaging an >13.5% ROI year after year
>>61527882Wtf, is interest on student loans that high? That's basically what banks charge for a no-questions-asked personal loan
>13% interest rate>After YEARS of paymentYeah well uhhh, that's only a little over 4,000 dollars interest a year when it started? So she let interest climb for 15 years only making minimum payments? You can pay 40,000 dollars off with a McJob in a couple years.>>61518514It's just an IQ thing, they don't understand basic math.>>61519343>Jokes on them, I'll just let it climb constantly haha gotteemNigger moment. At least pay enough that it shrinks by a tiny bit instead. Literally zero reason to think up some scheme that makes you slowly lose money your whole life, what is it, 2.5% on 100,000?
>>61519814Overall not a bad idea to pay it off slowly, only with a bill that small you should at least be exceeding minimum payments by 5-10% still. It will make literally no difference to you, paying like 15 more dollars per month, but the way minimum payments are set up is to milk you as long as possible.The way any minimum payment plan works is that 90% of the money goes to pay off the interest, and only 10% goes to pay off the debt. It basically just makes you pay way longer because you didn't want to pay a tiny bit more and pay it off twice as fast.This is also how mortgages work, the first 10 or so years 90% of the money goes towards paying interest - and it's only after you've paid interest for years that you start actually paying off the principal and gaining equity in your house. This doesn't matter if you stay in the house forever, but it matters a lot if you need to sell your house for any reason or refinance. Minimum payments on literally any loan are designed to rape you as long as possible, so always exceed them by at least 10%.
>>61520261Problem is that people going into college have no assets, no job history, no way to ensure that they can pay a loan besides tying it to them for life. So this is the ONLY loan that will stay with you forever until the day you die even if you're hospitalized for liver failure and in a coma for 50 years.As a workaround to giving out an extremely shitty loan to someone who could never hope to repay it they had to create a jewish scheme where you tie it to them and they can never escape. You can escape any other loan by bankruptcy / repossession of the asset. Only problem is college kids have nothing and they wanted to be able to saddle said impressionable youth with 100k+ in debt with absurd interest rates. This was the only way it was doable.
>>61518285Is that one of those hot tamale candies stuck in a tootsie roll?
