bankruptcy

[Munchkin03]

Originally Posted by amanda6035

*sigh* Really? This again? Are you still that upset that we disagree about this? Student loans are a stupid tax. They are not an investment. Investments earn you money. Student loans cost you money. You can get a college education without taking out loans. And no, taking out loans so you can learn a skill or gain knowledge to help you "get a better job" is not an investment. Going to school is an investment. Paying for school with debt is not an investment.

It's no secret that I deeply regret my student loans. But I don't have any desire to have them hang around around for 20 years by paying the bare minimum so that I don't have to be responsible for them anymore. Sorry, I have a life to live. And that means livinging extremely frugally right now so I can throw any extra money I have at them to get them out of my life. They are an inconvenience, and I'm taking full responsibility for them. My point in the previous thread is that for young students out there who are worried about their options, there are OTHER options. Debt is not the only option.

Wow...not only is what you're saying barely comprehensible, it's totally wrong. It also seems that you're making all sorts of false assumptions. I, in your words, "have a life to live," as well, and that doesn't involve calling people stupid for making an investment in their futures. For all you know, I could be paying 4X what my monthly payment is just to pay them off...and it's still just not that much. Sorry I thought a little bit more than you did before going to graduate school.

I'd recommend that you take a deep breath and step away from the keyboard before letting your fingers do the walking. While you might have a point that debt is not the only option and that students and their parents should do as much research as possible, your defensiveness, anger, and poorly worded rants don't help.