Sallie Mae Execs Wine and Dine in Hawaii as students drown in loans

Discussion in 'The Okie Corral' started by HalfHazzard, Oct 18, 2019.

  1. HalfHazzard

    HalfHazzard Trump Sucks

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    https://www.nbcnews.com/news/us-new...ui-retreat-while-student-debt-crisis-n1063826
     
  2. dartor

    dartor

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    You take out a loan for some lame career choice and then complain?????
    Make better choices.
     

  3. P99er

    P99er MGTOW??

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    Their conclusion will be to vote democrat and have it erased.

    Are you trying to insinuate that studying the reproductive habits of caterpillars is a bad choice?
     
  4. Oldschooltube

    Oldschooltube Flux Capacitor Technician

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    My underwater basket weaving degree is just as valuable as your chemical engineering degree!
     
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  5. ray9898

    ray9898

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    So? The students made those choices.
     
  6. Bren

    Bren NRA Life Member

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    You mean they loaned students money without their consent and they're trying to make them pay it back?

    'Cause if somebody is crying about students having to pay the loans they asked for, so they could get their useless degrees, I have -0- sympathy.
     
  7. Lowcountry_Glocker

    Lowcountry_Glocker

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    not seeing an issue here, really
     
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  8. fnfalman

    fnfalman Chicks Dig It

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    They didn’t put guns to these students’ heads and made the punks took out the loans.
     
  9. Tojo

    Tojo

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    There is a sucker born every minute.
     
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  10. ithaca_deerslayer

    ithaca_deerslayer

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    I guess nobody should ever visit one of our states, eat food, or drink wine.

    They should make a law against eating. It will solve all the climate change worries.
     
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  11. 2cats

    2cats Millennium Member

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    I've read that it works out to an average of about $23,000 per person, and that's consistent with the approximate math I could do with these figures. While they're "drowning" in this debt, they're buying cars that cost this much, and having $20,000 weddings.

    Just another fabricated crisis in an attempt to pile on the evil white male.
     
  12. dudel

    dudel

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  13. HalfHazzard

    HalfHazzard Trump Sucks

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    They coulda joined the military for free college.
     
  14. Taz

    Taz

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    There are a lot of things to pick on when it comes to bankers, but this ain’t one. I’m 50 and am still paying on my student loans, but I’m not a whiny ***** about it. I made my choices and am dealing with it. I didn’t have to go to a small private school, but I did and that cost $$$. But I do have a good job because of that degree so I can thankfully afford the payments.

    Nobody forces kids to take out loans for school. Yes it’s almost a necessity, but almost. There are ways to do it without going into ungodly debt. Military, work, coop, intern... are all still viable paths.

    Sorry, but unless there is some evidence that they illegally issued out loans to these kids, my level of sympathy is pretty low.
     
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  15. willie_pete

    willie_pete NRA Life Member

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    The one thing I missed about corporate America was all the junkets I went on. Never got out of the continental 48, but there were plenty of nice places in the lower 48.

    Plenty of good food and drink and a lot of fun extra-curricular activities.




    The only down side was having to sit in the boring meetings every day.

    :(
     
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  16. powernoodle

    powernoodle

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    The real criminals here are not the lenders, but university boards who have raised the cost of tuition far in excess of the inflation rate for decades. But there is plenty of blame to go around. Parents who do not save for 18 years to pay for college. Students who don't try to excel in HS to get scholarships, and who get loans up to their eyeballs rather than be frugal and work before and during college. Kids who chose a stupid major rather than learning an in-demand and well-paying trade instead of college: HVAC, electrician, plumbing, etc.

    A parent who opens a Vanguard account with $1,000 at the child's birth, and who deposits $100 per month at a return of 7% will have $45,000 at HS graduation. This is a little over half the cost of 4 years (including room and board) at an in-state public university. Little Missy can work off the rest at Chic-Fil-A. My pleasure! Saving $200 per month from birth will fully pay for college at age 18.

    Thank goodness I'm a know-it-all.
     
    Last edited: Oct 18, 2019
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  17. Gilbertc13

    Gilbertc13

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    I’m going to toot my own horn here for a second. I went to a “liberal arts” college up in NH. Going in I had no idea what I wanted to do. I ended up with a finance degree. Everyone else I went with had degrees in useless areas (women’s studies, art history, art etc). I’m the only one I can think of with a job within my field of study... and the only one who works for what I have. Lots of lazy 20 somethings out there


    Sent from my iPhone using Tapatalk Pro
     
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  18. xTerpx

    xTerpx

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    So? If slim-jean clowns want to borrow $60K to major in "Global Change," are they not expected to pay back these loans? Pull your pants up, kids.
     
  19. Pluto57

    Pluto57

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    The main issue really is the cost of college which is far more than it needs to be. If colleges limited their expenses to simply providing an education, rather than an "experience" the cost would be reduced dramatically.
     
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  20. 2bgop

    2bgop

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    That's what I can't understand when I see these stories, someone is saying they can never pay back the 30k they borrowed for their college degree. If you can't pay back a 30k loan, after you get a college degree, you have some serious issues. That is far cheaper than a car loan or a mortgage.
     
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