Hey students, you stressed yet? Let me pile it on.

[Chaotic_Warlord]

Maybe you missed it because you blew a student loan AND the GI Bill on ITT tech, but you missed my point...

You call $300 pretty damn good for a car payment. You're telling me you're ok with $300 a month for something as completely f**king retarded as a loan for a car, but you're not ok with paying $300+ for a loan for your education?

You have some seriously f***ed priorities. If your so tight on money, why would you even have a car payment at all? $300 a month saved from driving a $1500 beater would go a good way toward curing your "I can't pay my loans" bitchfest scenario.

Obviously you didn't read my full post that I quoted you on. In response to what Bex said I commented that my student loans went directly to ITT while my GI Bill went to pay my living expenses, because I have a $600 a month child support payment (which at that time was $500 a month) and I don't have a car payment, my car was bought in full with money I had to borrow from my mom after my car that I had while I was in school was totaled on my way home from class. I don't even have a house payment, I live with my GF and her parents because I can't afford to live on my own. I'm not some slack jawed 20 something brat, I'm a 34 y/o guy who works 45 hours a week @ $15 hour and can't afford s*** because I made a mistake when I was 24 and got involved with a money grubbing whorebag who needs to have Karma slap her in the face and fall in a well.

Yeah I'm a little heated about this because I'm being judged on my initial post with out knowing the full story of who I am or what I've been through. Kinda like what Sallie Mae has done to me and countless other people.

[idahotuner]

my student loan bills say right on them, the balance shown is not the actual pay off amount.

So you're saying college is a rip off because the students that go there have no idea what they are gonna do?

That's like saying going to the track is a rip off because you don't know how to drive.

It's all worth if it you know what you're doing.
If you don't, stop wasting your time and money and gtfo elsewhere.

if you know what your going for then get it done, i would even say do advance placement to help out with the extra credits and dual enrollment classes.

but for me i went and got a business management degree, and then realized i dont even want to be in an office, i would rather be a blue collar laborer. and just started an iron working apprenticeship
i wish i had stuck with the community colleges, the only reason i dont regret the one year at university was i met my wife.

[Urabus GodofTraction]

Obviously you didn't read my full post that I quoted you on. In response to what Bex said I commented that my student loans went directly to ITT while my GI Bill went to pay my living expenses, because I have a $600 a month child support payment (which at that time was $500 a month) and I don't have a car payment, my car was bought in full with money I had to borrow from my mom after my car that I had while I was in school was totaled on my way home from class. I don't even have a house payment, I live with my GF and her parents because I can't afford to live on my own. I'm not some slack jawed 20 something brat, I'm a 34 y/o guy who works 45 hours a week @ $15 hour and can't afford s*** because I made a mistake when I was 24 and got involved with a money grubbing whorebag who needs to have Karma slap her in the face and fall in a well.

You bitched about student loans, but found no problem with a car payment. Totally wrong priorities.

I don't care if you have poor taste in women and birth control, dude.

[skydragoness]

^ Harsh? Yep.

Correct? HELL yeah. Right on the head.

I've been paying back my student loans since....2009ish. I recently (as of 2010) did some paperwork that now my payments are based off my actual income.
I majored in photography and I went to two different Universities (real ones, transferred from one to another) and got a 4 yr degree (went to college part-time for what feels like eons). Anyway. It's not really a practical degree (degree is not necessary for photography.. a good portfolio is) but I do not regret my college education; I almost quit half way through but decided I was so far along that I had to finish. Now I have the option to pursue a masters with them if I want.

Only thing I wish I did different was go to a community college instead and then transferred to a 4 yr school; would've had less to pay back that way. Oh well. That's life.

ITT, University of Phoenix, DeVry, etc are "for profit" type colleges that don't really deliver what they promise and are exorbitantly priced per semester.
I'm not even sure if the degrees they dole out are actually accepted by employers. I have a friend that went to the Philadelphia Art Institute for web design/multimedia stuff and his student loan is on par with a doctor's. It's insane. I'm not sure if they're another 'for profit' type school as they have institutions in most major cities.

IMHO, the two things you should be in debt for: education/ house

[ILOVESILVIA(S13)]

I paid mine off 2 years after I graduated. Lucky me.

[AppleBonker]

Yeah, it's sweet when your parents are your lenders.

Though, I do have a few friends who are leaving school well over $100k in debt. That idea freaks me out something fierce.

[RobPaulson]

let me just say 2 things b4 i begin, i didnt read all this mess, and i'm extremely appreciative for what my parents were able to contribute to my education (albeit not all of it).

my monthly payments on my SL's is about $210. Thats a min payment. I was under the naive assumption that they werent out to rob me and student loans were relatively harmless. Until i got my tax forms recently... last year alone i paid $950 in interest.

Thats, overall, 40% of each monthly payment went to interest. I could NOT believe this. I am getting bent over and they didnt even have the decency to yell SURPRISE!! It was the tax man jerkin off in the corner that pointed it out. . . Needless to say I will be aggressively paying down this loan now, I was going to ride it out with min payments (naively), however, I have officially changed my tune. THIS DEBT NEEDS TO GO!!!

[audtatious]

I'm not saying that i expected to get a high paying career, what I'm saying is that I have a degree i can't use from a school that is more about making money than actually teaching anything useful. Did you get a degree or a certificate of completion and was your initial college credits transferrable to another school? ITT Tech is kinda like The Chubb Institute or Devry, only worse. At least with a degree from Devry you stand a chance of actually getting somewhere once you finish. As I said in my last post had I gone for Networking or CEET I might be better off, but I went for Multimedia with full expectations to go get my Bachelors in Game Design or something more specialized, that was until I had several school reps (from different schools like Art Institute International, U Penn, and Drexel to name a few) tell me that my credits couldn't be transferred so I would have to start all over again. So instead of doing an extra year and a1/2 to 2 years to get my Bachelors in Computer Animation I would have to do a full 4 years. So instead of acruing a debt of 80-90K I would have a debt of 120-140K to pay off, no thanks, I'll just suck it up as a lose lose experience and try to make do with. An associates in something trumps a high school diploma on a resume even if it has nothing to do with what you are applying for.

Those commercials you see for ITT Tech are absolute crap and show, at best, 1% of all their graduates combined. Can't really pay off my student loans when I can barely scrape by. I'm not saying I want or need a pity party, I'm saying that every student, past, present, and future, has a different situation and as such Sallie Mae should have more consideration for each person as an indivdual case and not as a collective that can be threatened into compliance. After all we're not all doctors, lawyers, or bankers, so we all can't be viewed as such, most of us will easily choose to put a roof over our heads and food in our stomachs if that means we have to use the the money set aside to pay off those student loans.

I have no idea how good or bad ITT Tech is, nor does it really matter to my point. Research prior to enrolling could have steered you away from them and to another school. Like a store, if nobody wants what they have to offer then they should not buy it and eventually it either closes down or offers something worthwhile. At least you were looking at a more specific career path, you just didn't research enough beforehand. That puts you higher in my book than lib art majors who have a education that won't help them get a job in McDonald's cutting lettuce.

If I believed commercials I would think the new TSX sport wagon is a race car.

[audtatious]

Thats, overall, 40% of each monthly payment went to interest. I could NOT believe this. I am getting bent over and they didnt even have the decency to yell SURPRISE!! It was the tax man jerkin off in the corner that pointed it out. . . Needless to say I will be aggressively paying down this loan now, I was going to ride it out with min payments (naively), however, I have officially changed my tune. THIS DEBT NEEDS TO GO!!!

Then don't buy a house because the initial interest payments will make you climb a bell tower with a rifle.

[RobPaulson]

Then don't buy a house because the initial interest payments will make you climb a bell tower with a rifle.

oh don't get me wrong i understand how it works, i just don't like it. especially with loans i (naively) thought were supposed to help my future. not rob me blind if i dont forcefully pay them down.

mortgage has a bit different motivation and longevity to it, diff mindset, don't mind the buttsechz.

[audtatious]

mortgage has a bit different motivation and longevity to it, diff mindset, don't mind the buttsechz.

Just because you don't mind it does not make it any different. Some people don't mind financing 4 years of partying in a dorm with horny college girls either.

[Encryptshun]

This is a avery informative article.

http://www.stateuniversity.com/blog/per ... lame-.html

[yoozef]

theres an easy solution to that (in theory)... do your parents own a house? if they do, see if they can take out an equity loan on a house and pay of your school with that... then pay off your parents loan, and the interest is tax deductible, so they save on paying tax (essentially making it interest free)

[bigbadberry3]

How about work hard and learn the value of a dollar. I had 3 scholarships (academic) and was an RA to cover my room and board and after 4.5 years of university, graduated debt free. No one in life is going to give you something for free. Stupid entitlement feeling.

[IBCoupe]

No one in life is going to give you something for free. Stupid entitlement feeling.

Except for, y'know, scholarships.

[bigbadberry3]

^ Academic came with stipulations such as community service hours,GPA requirements, class requirements, and yes there was a clause that under circumstances I would be liable for the money if I neglected my obligations. It wasn't a check handed to me for being pretty.

[Jesda]

No one in life is going to give you something for free. Stupid entitlement feeling.

Except for, y'know, scholarships.

Those are still earned, unless you're a native living on a reservation.

[IBCoupe]

Earned in what regard? Berry's elaborations support that statement, but not as a general proposition.

Unless, of course, you consider "asking" to be enough to be considered "earned."

[AZhitman]

theres an easy solution to that (in theory)... do your parents own a house? if they do, see if they can take out an equity loan on a house and pay of your school with that... then pay off your parents loan, and the interest is tax deductible, so they save on paying tax (essentially making it interest free)

Bad idea.

I'm not risking losing my home on the behavior and judgment of a 20-something kid. Nope.

I prefer bigbadberry's plan.

[AZhitman]

Earned in what regard? Berry's elaborations support that statement, but not as a general proposition.

Unless, of course, you consider "asking" to be enough to be considered "earned."

"Earned", as in "fulfilled all stated eligibility requirements". I got one (a small scholarship) for carrying a 4.0 throughout HS. That's "earned".

EARN:
1. To gain especially for the performance of service, labor, or work: earned money by mowing lawns.
2. To acquire or deserve as a result of effort or action: She earned a reputation as a hard worker.

Don't be obstinate. You know what he meant.

[IBCoupe]

I've seen scholarships where all you have to do is fill out an application. Heck, wouldn't being born on a reservation without FAS and surviving long enough to go to college mean that you've done some earning?

There's really not that much of a distinction to be made between subsidized student loan requirements and scholarship/grant requirements. I don't see the point of having high horses in this conversation.

[Jesda]

I don't see the point of having high horses in this conversation.

Apparently you do.

Charlieo, I found your long lost brother. He also likes to argue for the sake of arguing. I don't think he's quite as handsome though.

[IBCoupe]

I suppose you're right about the high horse. I'm casting aspersions on people for casting aspersions. Call me a hypocrite, sure, but I'm not wrong. Unless you're planning to get to that part later.

[Jesda]

You can smell a n00b lawyer on the internet from a mile away.

Here's how they operate:
Find a sane, well-intending discussion.
Brow-beat the semantics purely for sport.
Flush the remains down the toilet like an unwanted fetus.

I know, you're eager, Jack McCoy, but one day you'll get a chance to shine in front of the US supreme court. And if you don't, you can always follow in David E Kelley's footsteps and write fiction for TV. In the meantime, keep your copy of Blacks Law under your pillow -- you might need it to dispute some billing charges with Verizon.



The word 'scholarship' connotes a different meaning from the word 'grant.' Typically, a scholarship is intended to reward performance or help fulfill a promising student's potential. Grants tend to be less specific and more institutional. The uses of the words have blurred, but the intended meanings are still the same.

You already knew this, but you're really in this thread for the sport of it. I'm not sure if you can charge NICO by the hour.

[Urabus GodofTraction]

Charlieo, I found your long lost brother. He also likes to argue for the sake of arguing. I don't think he's quite as handsome though.

I consumed my twin brother in utero. This is a poorly trained impostor.

[IBCoupe]

You can smell a n00b lawyer on the internet from a mile away.

Here's how they operate:
Find a sane, well-intending discussion.
Brow-beat the semantics purely for sport.
Flush the remains down the toilet like an unwanted fetus.

I know, you're eager, Jack McCoy, but one day you'll get a chance to shine in front of the US supreme court. And if you don't, you can always follow in David E Kelley's footsteps and write fiction for TV. In the meantime, keep your copy of Blacks Law under your pillow -- you might need it to dispute some billing charges with Verizon.



The word 'scholarship' connotes a different meaning from the word 'grant.' Typically, a scholarship is intended to reward performance or help fulfill a promising student's potential. Grants tend to be less specific and more institutional. The uses of the words have blurred, but the intended meanings are still the same.

You already knew this, but you're really in this thread for the sport of it. I'm not sure if you can charge NICO by the hour.

Cute, but being that we're talking about the messed up way in which college financing is done these days (in reality, not in theory), and being that I made no semantic distinctions (in fact, you, so far, are the only one to do so), I'm not entirely sure what this has to do with anything I wrote.

Try again, pookums.

There are scholastic requirements on scholarships, grants, and subsidized student loans. Intended meaning schmintended meaning. Schools, parents, and students all treat them the same. What's the point in pissing on people who get one or the other?

[Jesda]

Cute, but being that we're talking about the messed up way in which college financing is done these days (in reality, not in theory), and being that I made no semantic distinctions (in fact, you, so far, are the only one to do so), I'm not entirely sure what this has to do with anything I wrote.

Try again, pookums.

There are scholastic requirements on scholarships, grants, and subsidized student loans. What's the point in pissing on people who get one or the other?

Pookums! I'm interpreting that as a green light for future cuddling.

You're mislabeling all scholarships as entitlements -- most of them are earned or based on merit, and traditionally that's what a scholarship is, a gift for doing something positive that fits the reward criteria. A few of them are giveaways, but most aren't, and you can't redefine the meaning of what a scholarship is based on exceptions.

[Intending to go to college after growing up on an indian reservation is statistically a pretty monumental feat.]


Maybe you're more Bochco than Kelley. Let me know if you need a co-producer.
[youtube]http://www.youtube.com/watch?v=vTjd-eSWq-E[/youtube]

[IBCoupe]

Pookums! I'm interpreting that as a green light for future cuddling.

You're mislabeling all scholarships as entitlements -- most of them are earned or based on merit, and traditionally that's what a scholarship is, a gift for doing something positive that fits the reward criteria. A few of them are giveaways, but most aren't, and you can't redefine the meaning of what a scholarship is based on exceptions.

[Intending to go to college after growing up on an indian reservation is statistically a pretty monumental feat.]


Maybe you're more Bochco than Kelley. Let me know if you need a co-producer.
[youtube]http://www.youtube.com/watch?v=vTjd-eSWq-E[/youtube]

I'm only labeling them that way because that's what they are, today. You can't go to college without them, which was the point of my initial comment on the first page of this thread (contrary to the theory that I just dropped in to ruin a perfectly good conversation).

And you're right. Most scholarships make you write a couple of pages.
http://www.fastweb.com/

[Jesda]

I still love you in the gayest way possible.

[IBCoupe]

I get that a lot.