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SF dentist says she owes $480K in federal student loan debt as interest starts accruing again
ABC News Local ^ | September 1, 2023 | By Suzanne Phan

Posted on 09/04/2023 6:37:08 AM PDT by Oldeconomybuyer

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To: Oldeconomybuyer

Do what they do in some European countries. Work in the government sectors for a few years and the debate is cleared.
Granted, you will not make private sector money, but what is a few years?


81 posted on 09/04/2023 8:45:32 AM PDT by OpusatFR
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To: Oldeconomybuyer

maybe she should consult with AOC, I hear she’s an economic advisor/s


82 posted on 09/04/2023 8:51:17 AM PDT by patriot torch (..)
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To: Oldeconomybuyer

All that education and didn’t learn any math or personal finance. 7.5% Let me guess, the guy’s name was Pauly.


83 posted on 09/04/2023 8:54:21 AM PDT by IamConservative (I was nervous like the third chimp in line for the Ark after the rain started.)
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To: Oldeconomybuyer
He should put a few crowns in. That should cover it.


84 posted on 09/04/2023 8:54:49 AM PDT by Cinnamontea
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To: Oldeconomybuyer

My tiny wee violin is at the cleaners...


85 posted on 09/04/2023 8:57:23 AM PDT by Tennessee Nana
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To: Fido969

Someone just out of school is going to have to wait a while before she can “cash out”.

***********

True, and that’s why I said “at some point”.

If she can build a lucrative practice it could become worth quite a bit — not that far down the road. My dentist has a busy practice in a good location (lots of development in the immediate area). He’s got substantial equity built up and it didn’t take that long.


86 posted on 09/04/2023 9:09:35 AM PDT by Starboard
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To: Oldeconomybuyer

I have one comment for the sob story “Tough s**t”. If she gets her loan dumped on the taxpayers does this mean that anyone who pays federal taxes is entitled to free dental care from her? Dentists are really high on the scale of annual earnings, and if she can’t pay her debt she needs to see a financial advisor to go over her lifestyle expenses.


87 posted on 09/04/2023 9:10:08 AM PDT by from occupied ga (Your government is your most dangerous enemy - EVs a solution for which there is no problem)
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To: 1of10
What'd you think the response was gonna be after all that?!

Are 4 year olds cheaper than 6 year olds in China? I'm sure there's a productivity decrease between the two ages, just looking to do a cost/benefit analysis here.

88 posted on 09/04/2023 9:27:00 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Oldeconomybuyer

My wife and I went to college and had to take out loans because neither one of us came from affluent families. We paid off those loans back in the Eighties. Finances were tight what with rent, car payments, groceries, student loan payments, etc. We also took summer school classes and worked summer jobs to pay the bills. I sure as hell am not throwing myself a pity party. We knew what we were doing, but without that degree in Computer Science we could have never achieved whatever meagre level of success we did during our careers. Lady, you borrowed the money so work and pay it back! Off my soap box now.


89 posted on 09/04/2023 9:30:37 AM PDT by kawhill (kawhill)
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To: Worldtraveler once upon a time

Dr. Annelise Eriksen

90 posted on 09/04/2023 9:33:25 AM PDT by MinorityRepublican
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To: Magnum44

exactly! this person can earn those loans back in just a few years as a practicing dentist!


91 posted on 09/04/2023 9:33:58 AM PDT by TexasFreeper2009
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To: kawhill
We paid off those loans back in the Eighties.

Before the government got involved in the student loans so it wasn't as expensive back then.

92 posted on 09/04/2023 9:35:01 AM PDT by MinorityRepublican
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To: babble-on

she COULD have been making payments during the entire pause!! and EVERY CENT would of gone towards the principle!

But I am sure she lived large and purchased $10 coffees three time a day instead!


93 posted on 09/04/2023 9:35:06 AM PDT by TexasFreeper2009
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To: Oldeconomybuyer

Sign here honey, everything will be rosey.

What an

Poor simple child.


94 posted on 09/04/2023 9:35:52 AM PDT by If You Want It Fixed - Fix It ( )
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To: Oldeconomybuyer
She has been a dentist in the Bay Area for more than three years. "I owe somewhere around $470-480,000," said Eriksen. "I think it's an obscene amount." Eriksen says it's impossible to live in San Francisco, pay rent and pay back her loans.

I'm sure there are plenty of distressed areas that can use a dentist.

-PJ

95 posted on 09/04/2023 9:38:36 AM PDT by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: FlingWingFlyer

They had three years of interest free loans. How many took advantage of that of spent their money on waste. I’d expect a very small percentage paid anything during those free years. Sad!


96 posted on 09/04/2023 9:40:45 AM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: usconservative
“cheaper than 6 year olds in China? “

now you have me thinking out of that box again...

What if we go down to the southern boarder and pick up a truck load of 6 year olds for ourselves?

We could get gov $$ for taking in “immigrants” and get a work force for making the boxes at the same time ...
we would be exempt from all the rules and regulations because we would be helping “minorities”

This is the land of opportunity after all.
Of course we will need to find out where to send that 10% .for the big guy

97 posted on 09/04/2023 9:46:19 AM PDT by 1of10 (be vigilant , be strong, be safe, be 1 of 10 .)
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To: Oldeconomybuyer

A lot of this debt was to maintain a high lifestyle in college with $5.00 coffees and $12.00 sandwiches at off-campus eating and drinking joints and a nice car, now their gardeners and oil change guys can pay off the loans for them.


98 posted on 09/04/2023 9:51:54 AM PDT by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: CFW

“a wise and frugal person” said NO democrat EVER! Government teat is the only way to go! and voting democrat is how to eventually pay what you owe because SOMEBODY ELSE will foot the bill for you...until everyone runs out of everybody else’s money. can’t happen soon enough.


99 posted on 09/04/2023 9:53:58 AM PDT by Qwapisking ("IF the Second goes first the First goes second" L.Star )
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To: Oldeconomybuyer

According to Salary.com the average dentist makes about $238K per year.

So ... hunker down and pay off the loan.


100 posted on 09/04/2023 9:55:14 AM PDT by plain talk
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