Quote:
Originally Posted by Munchkin03
First off, Outback is not an upscale steakhouse.
I was much more offended by the article in the Times last week about the mother and daughter who were stunned to realize that they had borrowed $100,000 for the daughter to get her BA in Religion and Women's Studies from NYU. They wanted to know why someone didn't stop them from doing it. WTF?! 
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Outback is too expensive for the quality of food it provides though.
Student loans add up, I don't like how many I have right now myself, but I knew what I was doing. It's not like you don't get statements throughout letting you know if you have interest (or not) and that payment is not currently due.
I wouldn't make defaulting my first choice, but I'd get over my guilt about it if I truly couldn't afford it. Considering how few banks have followed through with the restructuring of mortgages, I'd rather try to save up money for deposit/rent rather then attempting to pay something I already cannot afford.