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comment by b_b

I'm sick of all the handouts. I think that no one should be eligible for a student loan if they don't have a full time job. How the are these people ever going to learn to stand on their own two feet if we keep loaning then $75,000 at 6.8% with no strings attached?

tacocat  ·  361 days ago  ·  link  ·  

They aren't inherently bad. The common wisdom with kids seems to be changing compared to what it was when I started college 18 years ago. And took out more than that amount in private and subsidized loans. I'm a tale of warning

b_b  ·  361 days ago  ·  link  ·  

I hope my sarcasm was evident. I was more commenting on how conservatives have a theory that people who need assistance of any kind should have to work to get it. They've been trying it for years. Here is MI, which is a state that is getting stupider by the year, they recently put in a welfare work requirement that specifically exempts people from rural areas (not sure why a bunch of conservatives would make a work requirement for urban but not rural poor people--real head scratcher). Combining of Labor and Education seems like a step toward fulfilling work requirements for everything.

tacocat  ·  361 days ago  ·  link  ·  

I was conflicted about how to interpret your reply and chose to take it seriously because it is kinda fucked up to load a person with six figure debt before they even have a career. I've been dodging payment for like a decade

kleinbl00  ·  361 days ago  ·  link  ·  


1) Income-based repayment, which often isn't enough to cover the interest

2) Make 360 payments

3) Forgiveness

That way you keep a credit rating.

tacocat  ·  361 days ago  ·  link  ·  

My credit is garbage anyway. My dad's a piece of shit and also my cosigner so I've effectively weaponized my poverty against his fear of a drop in his credit rating

I might go down the nonprofit forgiveness route if I make it to grad school