Posted on 04/12/2017 11:25:05 AM PDT by Lorianne
Student loans are forcing these decisions. When you work at Starbucks are paying $600/month on your loans, you’re not going to have much left over for a quality life.
Interesting. Tuition at my Alma Mater is $2,000 a semester and they need $100k to get a degree.
You are obviously ignorant of student loan payment programs.
http://www.bankrate.com/finance/college-finance/what-to-do-when-you-can-t-pay-student-loan-1.aspx
AND all over the black agitation organizations are complaining that white people are moving back in to the cities that white people moved away from 40 years ago.
Cant blame them for not wanting to live someplace where you have to drive everywhere. especially stores full of the same imported crap that really isnt all that amazing.
Gas + car insurance + maintenance is no joke on the wallet.
Oh sure, you can defer payments if your income is low enough. That doesn’t stop the pile on of interest.
Now, that’s some irony for you!
Student loans got them a job at Starbuck’s? You’re killin’ me!
Exactly, cars are becoming cost prohibitive.
You virtually can’t even work on them anymore.
Most millenials, not all, have absolutely no mechanical inclination either.
The Starbucks employee you cite would have a min required payment of about zilch and balance remaining after 25 years would be forgiven.
That’s true. Many people raised big families in 800 to 1000 square foot houses. The deal was the older kids moved out as soon as they could.
Different lifestyle.
A good deal of their life occurs about 12 inches in front of their nose.
You’d practically have to put your entire life on hold in order to get that forgiveness, because any increases of income above the poverty will be used to determine the rate that you’ll be paying.
That could well be. It will be interesting to see how it plays out.
Broadly, much of this seems to be true. However, this is all fine for young Seinfeld/Friends types, but as people start to marry and raise a family they move out of the city.
What is absolutely criminal is the fact that so many kids — and their parents! — have bought into this college scam and allowed their kids to borrow tens of thousands if not amounts north of $100,00 or more.
The high school educational union establishment places incredible pressure on kids to go to the best college possible — and worry about the money later. The ponytailed college professors and administrative support racket further dupe these kids into thinking they are getting something of value by handing over their lifetime of earnings to them right now through loans.
So the bottom line is that educational cartel has seduced mostly middle-class kids into surrendering much of their lifetime earnings to them. The fat professors and college administrations collect all this lucre through distributed loans and live fat and happy while the college kids have, seemingly unknowingly, signed themselves up for a lifetime of indentured servitude, and often their college diploma is not worth much more than a sales receipt.
The whole scam is immoral and criminal.
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