Facebook Meme, is it real

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[hattend]

Does anybody believe this is possible?

[hattend]

So she doesn't even pay enough monthly to get the principle paid down and instead racks up $19,000 in interest over 23 years. Now she wants taxpayers to bail her out. Screw Her!

I was in a discussion with a lefty Bernie supporter and he said he was in the same hole. The guy graduated high school with me... 43 freakin years ago.

WTF is wrong with these people?

[sparklite2]

As was said to those complaining that England was expected to pay back WWII debts to the US, “They hired the money, didn’t they?”

[Jim Robinson]

If you think state provided education is expensive now, wait until you see the cost when it’s free.

[sparklite2]

Actually, it was Coolidge referring to Allied debts of WWI, but hey, I was close. LOL

[wyokostur]

Were these people forced to take loans? Did someone hold a gun to their head and force them?

[Blue Jays]

People should resist continuing their education to get a PhD. in advanced basket-weaving or whatever other silly majors are available these days.
Do the cost/benefit ratio. I know people with multiple Masters degrees plus PhD degree who can barely remain employed.
It is their relentless sense of entitlement that makes them annoying and nearly impossible to tolerate for more than 20 minutes. Of course they cannot find lucrative jobs. They are disagreeable and nasty people.

[Rurudyne]

There’s no delegated power given the federal for either Social Security or Medicare so I don’t mourn anyone not receiving them.

In fact, no one should.

[pax_et_bonum]

If it’s on Facebook it’s true.

[hattend]

I asked the Facebook “friend” why she hasn’t refinanced this loan to a lower rate.

He said maybe she doesn’t make enough as it’s hard to make do when you get out of college.

I stated that it is 23 years later and she is still saddled with this loan then her college education was wasted.

That’s when the fight started.

[FredZarguna]

If your PhD isn’t fully funded by someone else, you’re not smart enough to earn a PhD in any meaningful subject.

[CIB-173RDABN]

The new indentured servants.

I advice any and all of my nieces and nephews who will listen not to get any form of student loans.

I further advice their parents not to become co-signers on such loans.

You are better off WITHOUT a degree, then to be saddles with the debt.

[hattend]

It's actually from this story: Bailout Student Loan Debt – Tax Wall Street

But it's a lefty, commie, socialist website in Pennsyvania, so....

[FredZarguna]

In fact, no one should.

Correct, in the abstract; but in practice, nobody should be paying for them in the first place.

[pax_et_bonum]

Thanks!

(I was just kidding with you.)

[Delta 21]

Math is hard.

[hattend]

Were these people forced to take loans? Did someone hold a gun to their head and force them?

Based on what I'm reading on her sign she must have paid with a 30% interest credit card... and then decided not to pay.

[IndispensableDestiny]

At 7 percent, $306.00 per month, the loan is paid off in 10 years. She pays $118 per month and the loan will never be paid off.

[Jeff Chandler]

At 5% she would have to pay $158.71 per month to pay it off in that time. So I’m calling B.S.

[Iscool]

Screw Her!

No, screw you...The U.S. doesn't loan them any money...They sign a piece of paper...The phoney paper supposedly represents money...When the books don't balance because they haven't received their money back, they print more money...

There should be no interest on school loans...The gov't has no business being in the money making business...

[exDemMom]

Hmm... I borrowed $6,700 for my undergraduate education, and I paid off $6,700. I owe nothing.

Someone who cannot pay off the loan and whose remaining debt is higher than the original loan—after having already paid a sum that is higher than the original loan—is doing something drastically wrong. Did she finance her loan through payday lenders, or what?