The College Conspiracy...

Go down

The College Conspiracy...

Post by Rockhopper on Sun Apr 12, 2015 5:22 am

How the sutdent loan scheme just puts people into debt forever.



Tim.
avatar
Rockhopper

Posts : 4274
Join date : 2014-06-13
Age : 74
Location : Island Paradise

Back to top Go down

Re: The College Conspiracy...

Post by Lenzabi on Sun Apr 12, 2015 5:42 pm

My disability status has me seeing nearly 60k wiped clean, but only so long as I stay away from other similar financial undertakings, which I won;t as I have my degrees, albeit from a pricey online college, so not sure how valued in the real world they are, but hey, I did not wish to go out of this world w/o a education, but how can one pay back a loan when they have no way to be employed due to lousy and poor health?

_________________
Warning!: Those who knock on Dragon's doors un-announced may be flame broiled, unless they bear chocolate/wine, or good foods

Once they have tried scales, everything else pales! Twisted Evil
avatar
Lenzabi
Admin

Posts : 2307
Join date : 2014-06-11
Age : 54
Location : Earth

Back to top Go down

Re: The College Conspiracy...

Post by Rockhopper on Sun Apr 12, 2015 6:11 pm

Know what you're sayin' Len. I got my Engineering Degree when I was in the Navy for free. Today everyone here has to pay for theirs now.

It's always a good thing to have even if you go off into other occupations.

Tim.
avatar
Rockhopper

Posts : 4274
Join date : 2014-06-13
Age : 74
Location : Island Paradise

Back to top Go down

Re: The College Conspiracy...

Post by Lenzabi on Sun Apr 12, 2015 6:22 pm

@Rockhopper wrote:Know what you're sayin' Len. I got my Engineering Degree when I was in the Navy for free. Today everyone here has to pay for theirs now.

It's always a good thing to have even if you go off into other occupations.

Tim.

In my case no one wants to hire a potential health-time-bomb, I could have a heart attack or stroke any time, and on a work site, that disrupts other workers.

_________________
Warning!: Those who knock on Dragon's doors un-announced may be flame broiled, unless they bear chocolate/wine, or good foods

Once they have tried scales, everything else pales! Twisted Evil
avatar
Lenzabi
Admin

Posts : 2307
Join date : 2014-06-11
Age : 54
Location : Earth

Back to top Go down

Re: The College Conspiracy...

Post by Rockhopper on Tue Apr 14, 2015 6:13 am

The other option for you is to find a niche and fill it Len. Find something you can do or make and go for it.

Tim.
avatar
Rockhopper

Posts : 4274
Join date : 2014-06-13
Age : 74
Location : Island Paradise

Back to top Go down

Re: The College Conspiracy...

Post by Lenzabi on Tue Apr 14, 2015 9:19 am

Now as for the OP, so many people are trapped in having to pay back their loans, huge loans they are, and that if they do not pay right, the interest is all that gets paid for year, the principal still untouched. Decades of working to pay a loan that is hard to pay back.

_________________
Warning!: Those who knock on Dragon's doors un-announced may be flame broiled, unless they bear chocolate/wine, or good foods

Once they have tried scales, everything else pales! Twisted Evil
avatar
Lenzabi
Admin

Posts : 2307
Join date : 2014-06-11
Age : 54
Location : Earth

Back to top Go down

Re: The College Conspiracy...

Post by Rockhopper on Tue Apr 14, 2015 12:44 pm

I agree Len, they have a 30 year mortgage before they have even bought a house.

Tim.
avatar
Rockhopper

Posts : 4274
Join date : 2014-06-13
Age : 74
Location : Island Paradise

Back to top Go down

Re: The College Conspiracy...

Post by Lenzabi on Fri Apr 17, 2015 4:15 pm

@Rockhopper wrote:I agree Len, they have a 30 year mortgage before they have even bought a house.

Tim.

And that is not if they pay just the interest, but the massive principal of the loans

_________________
Warning!: Those who knock on Dragon's doors un-announced may be flame broiled, unless they bear chocolate/wine, or good foods

Once they have tried scales, everything else pales! Twisted Evil
avatar
Lenzabi
Admin

Posts : 2307
Join date : 2014-06-11
Age : 54
Location : Earth

Back to top Go down

Re: The College Conspiracy...

Post by Rockhopper on Sat Apr 18, 2015 5:16 am

That is the advantage of a Jubilee Len. Every 50 years all debts are written off and it allows people to start over again.

Perhaps we should bring it back in?

Tim.
avatar
Rockhopper

Posts : 4274
Join date : 2014-06-13
Age : 74
Location : Island Paradise

Back to top Go down

Re: The College Conspiracy...

Post by Lenzabi on Sat Apr 18, 2015 12:53 pm

@Rockhopper wrote:That is the advantage of a Jubilee Len. Every 50 years all debts are written off and it allows people to start over again.

Perhaps we should bring it back in?

Tim.

That would be a good idea and help people a lot, most likely why the debt-slavers will not do that as it will remove their power over the masses. Evil or Very Mad

_________________
Warning!: Those who knock on Dragon's doors un-announced may be flame broiled, unless they bear chocolate/wine, or good foods

Once they have tried scales, everything else pales! Twisted Evil
avatar
Lenzabi
Admin

Posts : 2307
Join date : 2014-06-11
Age : 54
Location : Earth

Back to top Go down

Re: The College Conspiracy...

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum