Posted on 06/06/2015 5:11:30 PM PDT by Benito Cereno
I chose life. That is to say, I defaulted on my student loans.
As difficult as it has been, Ive never looked back. The millions of young people today, who collectively owe over $1 trillion in loans, may want to consider my example.
(Excerpt) Read more at nytimes.com ...
Another deadbeat. There’s nothing new under the sun.
You signout it, you pay for it. It’s called personal responsibility.
Contractual agreements are for shmucks.
Your word is meaningless. You just walk through life conning everyone.
Until it stops working.
Stealing property, wealth or labor from another is still stealing no matter how you parse it.
What would this parasite call someone who stole the same amount of money from him?
WOW! What a pathetic excuse for a human being. I hope the debt collectors catch him and break his kneecaps...
And it will stop working.
The author makes note that the banks lending him the money have failed. Yet he does not make the connection that his failure to repay his loan contributed to that bank’s failure. Nor the jobs lost, Nor any of the thousands of ripple effects.
Just his diatribe on how others should fail just like he did.
Can you blame him?
How much money does the government piss away on green jobs and stuff?
Amazing. Moron goes to an expensive liberal arts college to become a writer. He then has to transfer to a state school. He can’t get a job as a writer, so it’s OK to default in his childish mind.
I went to school for Electrical and Computer Engineering. What I *really* wanted to do with my life was make video games. Not modern video games, but retro video games on old hardware. There isn’t much of a market for that skill. I should have realized that it was OK to default on my loans instead of taking a few jobs that I found less than interesting to pay off a debt I chose to accumulate.
I mean, if I am not able to get paid for writing sequels to Marble Madness on Atari System I hardware, why in the hell should I owe a bank for debt I chose to incur. Let the Federal Government pay for the interest on that debt too ... who cares! It’s not my money!
Come to think of it, I want a larger house. I got my current house when I really didn’t care about square feet. Maybe I should just default since I didn’t get what I wanted instead of selling it and moving to a larger house.
You damn taxpayers should fund my desire to make new electromechanical pinball machines too. Why? Because that’s what I want to do now!
Does anyone out there wish they could run into this ingrate in person and have a chat with the scumbag???
Student loans are the only loans that cannot be removed through bankruptcy. GM and Chrysler defaulted on Billions not to mention the billions dumped into failing banks. But Student Loans are harder to kill than cockroaches in an atomic attack. They keep going and going.
Time to completely revisit the entire system.
So paying $1.4 million in taxes on $10mil is not enough for this schmuck. Like a true liberal, he wants even more.
the only way I could survive without wasting my life in a job that had nothing to do with my particular usefulness to society.
Welcome to the real world, sonny. And who says you're any more useful to society as a logorrheic scribbler than you were selling shoes? I once made beds at a trucker's motel rather than take a dime from anyone else. Built character. You took the dime and a whole lot more.
The Dems could win this upcoming election hands-down by promising to erase all student debt. The reason they haven't (yet) is that somebody who knows, i.e. one of their high-rolling banker backers, has told them what would happen if they did. And it would happen so swiftly they wouldn't be able to blame the Republicans.
The absolute LAST THING the federal givernment needs.....
.... IS MORE MONEY ....
I gather Lee has no progeny ( for which we can all be thankful) otherwise she’d be worrying how they would be able to pay for college
Or, in his case, how not to pay money back.
“Can you imagine if everyone followed this moron’s example.”
I can guarantee it. Big bubble goes kerblooey.
Like Michael Moore in Roger and Me. Moore laid out all kinds of bad behavior by union employees only to blame Oldsmobile for closing the doors.
“Lee Siegel is the author of five books who is writing a memoir about money.”
Wanna buy one? Not me.
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