The head scratcher is how some of these students go 100K in debt but get a job out of college making only 30K / YR.
This means they are a slave to society until the student loan is paid off. They default on a loan it will follow them from job to job in the form of garnished wages until the student loan is paid off. Tax refunds will be confiscated when taxes are filed.
This means no chance at buying and owning a house. This also means having a long-term roommate to help pay apartment rent or are forced to move back home with parents.
Um. My son owns a house. Has a family and is making student loan payments. He never stopped making payments. So does his wife. They were furious about the debt forgiveness programs. My husband also took out loans. He never stopped paying. He's also retired.
He started at $10 an hour, cleanup at construction site. He graduated college during Obama. There were no jobs. He voluntarily helped the carpenters and became one. He's bright and likes solving problems and he's now project manager of multi million dollar projects. My DIL has 2 degrees and worked while she earned them. They both paid on student loans when they were making pittances and living with 4 people in ratty, overprced places. Do your best at every job and you will move up.
The head scratcher is how some of these students go 100K in debt but get a job out of college making only 30K / YR.
This means they are a slave to society until the student loan is paid off. They default on a loan it will follow them from job to job in the form of garnished wages until the student loan is paid off. Tax refunds will be confiscated when taxes are filed.
This means no chance at buying and owning a house. This also means having a long-term roommate to help pay apartment rent or are forced to move back home with parents.
Um. My son owns a house. Has a family and is making student loan payments. He never stopped making payments. So does his wife. They were furious about the debt forgiveness programs. My husband also took out loans. He never stopped paying. He's also retired.
Your son and his wife must have good jobs. Good for them. Others might not be as fortunate.
He started at $10 an hour, cleanup at construction site. He graduated college during Obama. There were no jobs. He voluntarily helped the carpenters and became one. He's bright and likes solving problems and he's now project manager of multi million dollar projects. My DIL has 2 degrees and worked while she earned them. They both paid on student loans when they were making pittances and living with 4 people in ratty, overprced places. Do your best at every job and you will move up.