What were they thinking?

[hog88]

I just cannot for the life of me understand people like this?

1. Why in the hell would you take out over 100 grand in student loans in the first place?

2. Why in the hell aren't the kids stepping up to the plate?

http://finance.yahoo.com/news/student-loans-drowning-parents-125503328.html

 

[W.TN.Orange Blood]

:thud: stupid is as stupid does.

 

[AirVol]

Kids are moochers in today's world. They don't do anything but play video games, play on their phones or stay on Volnation all day,.....damn losers.





j/k about the VN thing there Freak.

 

[mtt2d]

$50,000 for each child for a four year degree doesn't seem outrageous. Two middle class parents thinking they can just borrow that amount of money and think all will be well is outrageous.

Their kids need to learn the value of a dollar. I don't care if they work 60 hours a week, these kids sound undiciplined and need to be taught a lesson they should have learned long ago.

The last paragraph sums up and offers a good solution to the problem that affects 21% of parents.

-from the article:
Having counseled countless students and their families through debt management, Fudge says, “the more people understand their student loan repayment options and become financially literate consumers, the better they will be equipped to take advantage of their investment in college.”

Set out a serious plan to pay off the money before agreeing to take out a student loan.

 

[Carl Pickens]

I went to TSU out of necessity.....not because I wanted to. A degree is what you make of it

 

[utvolpj]

Sounds like they didn't even plan for college. Wonder what degrees the girls received for that kind of money

 

[Gramps]

I went to TSU out of necessity.....not because I wanted to. A degree is what you make of it

That is being smart Carl. :hi:

 

[MercyPercy]

At first glance I thought this thread was "what were they drinking?" and set myself up for a great booze mystery with twists and turns and a thrilling conclusion.

Disappointment.

 

[hog88]

Sounds like they didn't even plan for college. Wonder what degrees the girls received for that kind of money

Great question. We've got an acquaintance (wouldn't call friend) who's daughter is attending Vanderbilt to be an elementary teacher. I'm not intimate with their finances but do know they are using student loans to pay for her education.

Where is the ROI? I guess she might find a rich husband there but that's about it.

 

[SDV]

I have $100,000 in student loans, however they are for law school. I would not do it again though.

 

[utvolpj]

I have $100,000 in student loans, however they are for law school. I would not do it again though.

$100k?? UF gives them away for 6 cereal box tops + S&H

 

[Obsessed]

$100k?? UF gives them away for 6 cereal box tops + S&H

Now this is freaking funny as hell.

Wtg PJ

 

[hog88]

I have $100,000 in student loans, however they are for law school. I would not do it again though.

With a law degree you have a chance at a return. Still a big pill to swallow.

 

[AirVol]

$100k?? UF gives them away for 6 cereal box tops + S&H

well done PJ. lol:

 

[Gramps]

I have $100,000 in student loans, however they are for law school. I would not do it again though.

Add another $25,000 to that debt for moving expensive the last year.

 

[FLVOL_79]

Make them join the military (USAF) Get the new awesome Post 9/11 GI bill AND take as many free tuition assisted courses as possible. Problem solved.

 

[hog88]

Make them join the military (USAF) Get the new awesome Post 9/11 GI bill AND take as many free tuition assisted courses as possible. Problem solved.

Tried to get my daughter to join the Coast Guard. She wasn't having it.

 

[volinbham]

I had a total of 33K but that was for undergrad, masters and PhD.

Of course I worked while in school for all of them and stayed in-state for the first 2.

 

[McDad]

$100k?? UF gives them away for 6 cereal box tops + S&H

My first lol of the day. Thank you.

 

[McDad]

Tried to get my daughter to join the Coast Guard. She wasn't having it.

Does she not like sea men?

 

[hog88]

Does she not like sea men?

:lolabove:

Ok, you've done it. Asked the impossible to answer question.

 

[AirVol]

Make them join the military (USAF) Get the new awesome Post 9/11 GI bill AND take as many free tuition assisted courses as possible. Problem solved.

That's what my son is doing. A degree from the CCAF carries as much weight as any college these days, and plus they gain experience and discipline which is lacking in this younger generation.

 

[FLVOL_79]

That's what my son is doing. A degree from the CCAF carries as much weight as any college these days, and plus they gain experience and discipline which is lacking in this younger generation.

It's not a bad gig. I miss some of it sometimes, like the travel...but that was 50/50. Broke a plane in Bermuda for a few days, that was nice. :good!:

Broke a plane in a field in Iraq..that sucked :machgun:

 

[volfanCLT]

Kids are moochers in today's world. They don't do anything but play video games, play on their phones or stay on Volnation all day,.....damn losers.





j/k about the VN thing there Freak.

That's an awfully broad brush you have there.

 

[AirVol]

That's an awfully broad brush you have there.

VN is a great outlet.