If it were not for student loans, I would never have been able to go to college in the late 1960s.
When I finished school, I began repayments and never missed a payment. I felt my repayments provided funds for other students.
Defaulting on student loans is no different than defaulting on a home loan or car loan. Student loans are given based on one’s person. Defaulting on that is saying one is a scab, a scammer, one who should never have been issued a loan.
I have no sympathy. It took me about 5 years to finish my paybacks. Those were some lean years, as the student loan repayments were more than my rent.
I took a job at age 18 after high school. I had an older sister and older brother who both went to (community) college, and there was no money left for me.
NOt wanting to take out loans, I worked in a factory, on all three shifts depending on what courses I needed to take. Took me seven years to get a Bachelor’s Degree in Physics, and Mathematics. going to every college within a 50 mile radius of my home. My employer reimbursed my tuition for grades “B” or higher, I paid everything else while I worked 40+ hours. I did three semesters a year, Fall Spring, and Summers. No spring breaks, no vacations, no partying, or girlfriends, I worked and I studied.
After graduation, I was laid off two years later and went to work for an Ivy League College as an engineer shortly thereafter. I applied for the job from an advertisement in a newspaper. As a benefit I was able to obtain a Master’s Degree at no cost, working full time, and flexing my hours to meet the coursework schedule. Again, I studied, no vacations, spring breaks, or girlfriends.
It’s do-able if you set your mind to it. Manage your time, sacrifice luxuries, and other things.
This clown chose to stiff the taxpayer and we shoudl exact our pound of flesh from him. Prison, at hard labor for the repayment, and his living costs too.
Yep, you’re the kind of fellow citizen I want around me. Not a wienie douche bag like this dumbass.
I can brook a lot of things, but giving your word and borrowing money, then reneging on it is something that infuriates me. .