Current Events > Why should anyone get in student loan debt in the first place?

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AzNDarkSamurai 08/24/22 12:02:28 PM #1:	Theres plenty of ways to get a decent job without going to college. The trades are a great way to learn some skills for a decent career. Hell, even janitorial. What? People in upper middle class or affluent neighborhoods think those jobs are too ghetto for them? (Unfortunately I did hear something like this as to why they dont want to work the trades) --- Pinoy Pride, 1988 - the day I die! <cite>AzNDarkSamurai posted [p:967538106] in Why should... [t:80140994]...</cite> <quote>Theres plenty of ways to get a decent job without going to college.The trades are a great way to learn some skills for a decent career. Hell, even janitorial.What? People in upper middle class or affluent neighborhoods think those jobs are too ghetto for them? (Unfortunately I did hear something like this as to why they dont want to work the trades) </quote> ... Copied to Clipboard!
NoxObscuras 08/24/22 12:05:11 PM #2:	That's fine if you're just trying to get any job that pays decently. But some career paths actually do require you to have a degree. And trade schools won't help you get around those requirements. --- PSN - NoxObscuras Z490 \| i9-10900K \| EVGA 3080 FTW3 Ultra \| 32GB DDR4 3600 \| 4TB SSD <cite>NoxObscuras posted [p:967538159] in Why should... [t:80140994]...</cite> <quote>That's fine if you're just trying to get any job that pays decently. But some career paths actually do require you to have a degree. And trade schools won't help you get around those requirements. </quote> ... Copied to Clipboard!
Ruvan22 08/24/22 12:05:19 PM #3:	Maybe because a person wants do to something the requires a degree? Teacher, accountant, doctor, etc? <cite>Ruvan22 posted [p:967538162] in Why should... [t:80140994]...</cite> <quote>Maybe because a person wants do to something the requires a degree? Teacher, accountant, doctor, etc?</quote> ... Copied to Clipboard!
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MedeaLysistrata 08/24/22 12:07:10 PM #5:	Ruvan22 posted... Maybe because a person wants do to something the requires a degree? Teacher, accountant, doctor, etc? this. there are many passions, and it also happens that many people's passion is imbricated with stuff they teach in school. --- Reason is primarily used to access experience. However, imagination is necessary for reason to produce some model of what it intends to experience. <cite>MedeaLysistrata posted [p:967538206] in Why should... [t:80140994]...</cite> <quote>Ruvan22 posted... </cite><quote>Maybe because a person wants do to something the requires a degree? Teacher, accountant, doctor, etc?</quote>this. there are many passions, and it also happens that many people's passion is imbricated with stuff they teach in school.</quote> ... Copied to Clipboard!
AzNDarkSamurai 08/24/22 12:14:41 PM #6:	[LFAQs-redacted-quote] There is too many variables are so its very hard to say whether thats true or false --- Pinoy Pride, 1988 - the day I die! <cite>AzNDarkSamurai posted [p:967538374] in Why should... [t:80140994]...</cite> <quote><cite>[LFAQs-redacted-quote]</cite> There is too many variables are so its very hard to say whether thats true or false</quote> ... Copied to Clipboard!
AzNDarkSamurai 08/24/22 12:15:17 PM #7:	Ruvan22 posted... Maybe because a person wants do to something the requires a degree? Teacher, accountant, doctor, etc? right but if you cant afford it, why get into debt for it? --- Pinoy Pride, 1988 - the day I die! <cite>AzNDarkSamurai posted [p:967538385] in Why should... [t:80140994]...</cite> <quote>Ruvan22 posted... </cite><quote>Maybe because a person wants do to something the requires a degree? Teacher, accountant, doctor, etc?</quote>rightbut if you cant afford it, why get into debt for it?</quote> ... Copied to Clipboard!
COVxy 08/24/22 12:15:21 PM #8:	Education is a good thing, actually. --- =E[(x-E[x])(y-E[y])] <cite>COVxy posted [p:967538387] in Why should... [t:80140994]...</cite> <quote>Education is a good thing, actually.</quote> ... Copied to Clipboard!
theAteam 08/24/22 12:18:19 PM #9:	The debt isn't bad if you don't accrue a lot of it and get a job that pays it off in a reasonable amount of time. The trades are good but they also aren't for everyone. Not everyone can (or wants to) commit to a lifetime of physical labor. --- Buffalo Bills <cite>theAteam posted [p:967538461] in Why should... [t:80140994]...</cite> <quote>The debt isn't bad if you don't accrue a lot of it and get a job that pays it off in a reasonable amount of time.The trades are good but they also aren't for everyone. Not everyone can (or wants to) commit to a lifetime of physical labor.</quote> ... Copied to Clipboard!
Mia_K97 08/24/22 12:19:47 PM #10:	AzNDarkSamurai posted... Theres plenty of ways to get a decent job without going to college. The trades are a great way to learn some skills for a decent career. Hell, even janitorial. What? People in upper middle class or affluent neighborhoods think those jobs are too ghetto for them? (Unfortunately I did hear something like this as to why they dont want to work the trades) You do realize that if everyone suddenly flooded the trade market then that would decrease salaries right? <cite>Mia_K97 posted [p:967538500] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>Theres plenty of ways to get a decent job without going to college.The trades are a great way to learn some skills for a decent career. Hell, even janitorial.What? People in upper middle class or affluent neighborhoods think those jobs are too ghetto for them? (Unfortunately I did hear something like this as to why they dont want to work the trades)</quote>You do realize that if everyone suddenly flooded the trade market then that would decrease salaries right?</quote> ... Copied to Clipboard!
Cuticrusader09 08/24/22 12:22:56 PM #11:	You have to do something that you are interested in. It really helps in the long run. Saying that for some people trade school is better fit, but for other college. I will say that many dont consider their states universities which generally are much cheaper than out of state or private schools. I know a few of my teachers gave me grief for picking a local state university that was cheap because I was near the top of my class and should have gone somewhere better. I did graduate with no debt though. In fact tuition cost me nothing for 2 years of school due to an academic scholarship. <cite>Cuticrusader09 posted [p:967538583] in Why should... [t:80140994]...</cite> <quote>You have to do something that you are interested in. It really helps in the long run. Saying that for some people trade school is better fit, but for other college. I will say that many dont consider their states universities which generally are much cheaper than out of state or private schools. I know a few of my teachers gave me grief for picking a local state university that was cheap because I was near the top of my class and should have gone somewhere better. I did graduate with no debt though. In fact tuition cost me nothing for 2 years of school due to an academic scholarship. </quote> ... Copied to Clipboard!
NoxObscuras 08/24/22 12:24:00 PM #12:	AzNDarkSamurai posted... right but if you cant afford it, why get into debt for it? Because the idea is that your new career will help you pay off the debt. The issue isn't the loans though. It's the absurd cost of college and the insistence that you need to get your degree immediately after high school. So a lot of people take on 40k+ in debt for their degree and then end up working in a completely different field. --- PSN - NoxObscuras Z490 \| i9-10900K \| EVGA 3080 FTW3 Ultra \| 32GB DDR4 3600 \| 4TB SSD <cite>NoxObscuras posted [p:967538605] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>rightbut if you cant afford it, why get into debt for it?</quote>Because the idea is that your new career will help you pay off the debt. The issue isn't the loans though. It's the absurd cost of college and the insistence that you need to get your degree immediately after high school. So a lot of people take on 40k+ in debt for their degree and then end up working in a completely different field. </quote> ... Copied to Clipboard!
Ruvan22 08/24/22 12:34:42 PM #13:	AzNDarkSamurai posted... right but if you cant afford it, why get into debt for it? Because you can pay for it later? Do you never buy a car or a house unless you have the full price in liquid? Never start a business without a loan? <cite>Ruvan22 posted [p:967538855] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>rightbut if you cant afford it, why get into debt for it?</quote>Because you can pay for it later? Do you never buy a car or a house unless you have the full price in liquid? Never start a business without a loan?</quote> ... Copied to Clipboard!
AzNDarkSamurai 08/24/22 12:38:02 PM #14:	Ruvan22 posted... Because you can pay for it later? Do you never buy a car or a house unless you have the full price in liquid? Never start a business without a loan? tbh I was always taught to only buy a car you can afford. even if its a cheap beater thats falling apart. house I dont know anything about since im not at that stage yet but business. you can always put your own capital in or get rich/well off family members to help you out with the money to get it started. that way your credit doesnt get hurt by nonpayment. --- Pinoy Pride, 1988 - the day I die! <cite>AzNDarkSamurai posted [p:967538928] in Why should... [t:80140994]...</cite> <quote>Ruvan22 posted... </cite><quote>Because you can pay for it later? Do you never buy a car or a house unless you have the full price in liquid? Never start a business without a loan?</quote>tbh I was always taught to only buy a car you can afford. even if its a cheap beater thats falling apart. house I dont know anything about since im not at that stage yet but business. you can always put your own capital in or get rich/well off family members to help you out with the money to get it started. that way your credit doesnt get hurt by nonpayment. </quote> ... Copied to Clipboard!
COVxy 08/24/22 12:39:15 PM #15:	Damn TC, you would fail hardcore if you were poor. --- =E[(x-E[x])(y-E[y])] <cite>COVxy posted [p:967538953] in Why should... [t:80140994]...</cite> <quote>Damn TC, you would fail hardcore if you were poor.</quote> ... Copied to Clipboard!
bigblu89 08/24/22 12:40:10 PM #16:	AzNDarkSamurai posted... What? People in upper middle class or affluent neighborhoods think those jobs are too ghetto for them? (Unfortunately I did hear something like this as to why they dont want to work the trades) The family that arguably owns the nicest property in my neighborhood, which I would consider just under upper/middle class, consists of a NYC Sanitation worker, and a Suffolk county Librarian. When in doubt, work for the county/government. --- It takes zero effort to be a good person. <cite>bigblu89 posted [p:967538974] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>What? People in upper middle class or affluent neighborhoods think those jobs are too ghetto for them? (Unfortunately I did hear something like this as to why they dont want to work the trades)</quote>The family that arguably owns the nicest property in my neighborhood, which I would consider just under upper/middle class, consists of a NYC Sanitation worker, and a Suffolk county Librarian. When in doubt, work for the county/government. </quote> ... Copied to Clipboard!
hockeybub89 08/24/22 12:40:47 PM #17:	Because "only the rich should be able to get jobs that require degrees" is classist bullshit. No one should need to take a loan anyway since college should cost nothing. --- http://card.psnprofiles.com/1/NIR_Hockey.png Your uneducated opinions are worthless. <cite>hockeybub89 posted [p:967538989] in Why should... [t:80140994]...</cite> <quote>Because "only the rich should be able to get jobs that require degrees" is classist bullshit.No one should need to take a loan anyway since college should cost nothing.</quote> ... Copied to Clipboard!
bigblu89 08/24/22 12:41:50 PM #18:	[LFAQs-redacted-quote] The good old learn more to earn more. Statistics show its technically still true, and something still instilled on Americas youth, but its not the end all be all to financial success. --- It takes zero effort to be a good person. <cite>bigblu89 posted [p:967539020] in Why should... [t:80140994]...</cite> <quote><cite>[LFAQs-redacted-quote]</cite> The good old learn more to earn more. Statistics show its technically still true, and something still instilled on Americas youth, but its not the end all be all to financial success. </quote> ... Copied to Clipboard!
hockeybub89 08/24/22 12:43:23 PM #19:	I was told in high school in certain terms that I would be a worthless loser if I didn't get into a college RIGHT NOW by every teacher. --- http://card.psnprofiles.com/1/NIR_Hockey.png Your uneducated opinions are worthless. <cite>hockeybub89 posted [p:967539045] in Why should... [t:80140994]...</cite> <quote>I was told in high school in certain terms that I would be a worthless loser if I didn't get into a college RIGHT NOW by every teacher.</quote> ... Copied to Clipboard!
Will_VIIII 08/24/22 12:46:32 PM #20:	[LFAQs-redacted-quote] Yeah, the boomers drilled this into the heads of millennials while also saying we can grow up to be anything we want. Only for them to mock the generation for "useless degrees" they told us to get while also mocking us for receiving participation trophies that they also handed out --- "Do not speak to fools, for they will scorn your prudent words." - Proverbs 23:9. Antivaxxers are objectively stupid people. <cite>Will_VIIII posted [p:967539124] in Why should... [t:80140994]...</cite> <quote><cite>[LFAQs-redacted-quote]</cite> Yeah, the boomers drilled this into the heads of millennials while also saying we can grow up to be anything we want.Only for them to mock the generation for "useless degrees" they told us to get while also mocking us for receiving participation trophies that they also handed out </quote> ... Copied to Clipboard!
Mia_K97 08/24/22 12:47:32 PM #21:	AzNDarkSamurai posted... tbh I was always taught to only buy a car you can afford. even if its a cheap beater thats falling apart. house I dont know anything about since im not at that stage yet but business. you can always put your own capital in or get rich/well off family members to help you out with the money to get it started. that way your credit doesnt get hurt by nonpayment. so if I were to apply your logic I would still bet at my HS fast food job making 10 dollars an hour vs 125k right now because I couldn't pay for college upfront. <cite>Mia_K97 posted [p:967539145] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>tbh I was always taught to only buy a car you can afford. even if its a cheap beater thats falling apart. house I dont know anything about since im not at that stage yet but business. you can always put your own capital in or get rich/well off family members to help you out with the money to get it started. that way your credit doesnt get hurt by nonpayment.</quote>so if I were to apply your logic I would still bet at my HS fast food job making 10 dollars an hour vs 125k right now because I couldn't pay for college upfront. </quote> ... Copied to Clipboard!
theAteam 08/24/22 12:48:29 PM #22:	AzNDarkSamurai posted... tbh I was always taught to only buy a car you can afford. even if its a cheap beater thats falling apart. house I dont know anything about since im not at that stage yet but business. you can always put your own capital in or get rich/well off family members to help you out with the money to get it started. that way your credit doesnt get hurt by nonpayment. I heard that my whole life too and it's been absolute bullshit. Look at anyone that stretched their credit to the limit buying a house in the last 4 years, they are way way ahead of anyone that waited and saved. I pinched pennies every day since I got out of college and it hasn't helped me one bit. --- Buffalo Bills <cite>theAteam posted [p:967539159] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>tbh I was always taught to only buy a car you can afford. even if its a cheap beater thats falling apart. house I dont know anything about since im not at that stage yet but business. you can always put your own capital in or get rich/well off family members to help you out with the money to get it started. that way your credit doesnt get hurt by nonpayment.</quote>I heard that my whole life too and it's been absolute bullshit. Look at anyone that stretched their credit to the limit buying a house in the last 4 years, they are way way ahead of anyone that waited and saved. I pinched pennies every day since I got out of college and it hasn't helped me one bit.</quote> ... Copied to Clipboard!
Mia_K97 08/24/22 12:51:00 PM #23:	theAteam posted... I heard that my whole life too and it's been absolute bullshit. Look at anyone that stretched their credit to the limit buying a house in the last 4 years, they are way way ahead of anyone that waited and saved. I pinched pennies every day since I got out of college and it hasn't helped me one bit. I didn't get my first paycheck until August after job switching. I saved every penny I could from May to July and it was easily wiped out by a 500-dollar electric bill from this heatwave and my car's battery dying lol. <cite>Mia_K97 posted [p:967539219] in Why should... [t:80140994]...</cite> <quote>theAteam posted... </cite><quote>I heard that my whole life too and it's been absolute bullshit. Look at anyone that stretched their credit to the limit buying a house in the last 4 years, they are way way ahead of anyone that waited and saved. I pinched pennies every day since I got out of college and it hasn't helped me one bit.</quote>I didn't get my first paycheck until August after job switching. I saved every penny I could from May to July and it was easily wiped out by a 500-dollar electric bill from this heatwave and my car's battery dying lol. </quote> ... Copied to Clipboard!
Ruvan22 08/24/22 12:57:17 PM #24:	AzNDarkSamurai posted... tbh I was always taught to only buy a car you can afford. even if its a cheap beater thats falling apart. Same here, but not everybody is fortunate to have a few thousand lying around. Are you saying they should do without a car forever? house I dont know anything about since im not at that stage yet but business. you can always put your own capital in or get rich/well off family members to help you out with the money to get it started. that way your credit doesnt get hurt by nonpayment. Even though you personally haven't bought a house, you are asking why anybody would go into debt for things - are you saying that people shouldn't but houses unless they have the ~100k or more on hand? With business, are you (again) saying you shouldn't start a business unless you have capital or wealthy family/friends? RE credit rating - you do know that paying back student loans/mortgages help your credit rating, right? <cite>Ruvan22 posted [p:967539375] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>tbh I was always taught to only buy a car you can afford. even if its a cheap beater thats falling apart. </quote>Same here, but not everybody is fortunate to have a few thousand lying around. Are you saying they should do without a car forever?<quote>house I dont know anything about since im not at that stage yet but business. you can always put your own capital in or get rich/well off family members to help you out with the money to get it started. that way your credit doesnt get hurt by nonpayment.</quote>Even though you personally haven't bought a house, you are asking why anybody would go into debt for things - are you saying that people shouldn't but houses unless they have the ~100k or more on hand?With business, are you (again) saying you shouldn't start a business unless you have capital or wealthy family/friends?RE credit rating - you do know that paying back student loans/mortgages help your credit rating, right?</quote> ... Copied to Clipboard!
MedeaLysistrata 08/24/22 12:57:49 PM #25:	Trades can start as low as 15 an hour here and you're basically subjected to climbing the ladder like any job. If you can't make your pay grow, which many can't, trades kind of suck. School is also becoming more affordable globally because education is one of the SDGs. My tuition is less than 4k a semester and fully covered by the government. You too can get this in your community if you care to. --- Reason is primarily used to access experience. However, imagination is necessary for reason to produce some model of what it intends to experience. <cite>MedeaLysistrata posted [p:967539388] in Why should... [t:80140994]...</cite> <quote>Trades can start as low as 15 an hour here and you're basically subjected to climbing the ladder like any job. If you can't make your pay grow, which many can't, trades kind of suck.School is also becoming more affordable globally because education is one of the SDGs. My tuition is less than 4k a semester and fully covered by the government. You too can get this in your community if you care to.</quote> ... Copied to Clipboard!
thronedfire2 08/24/22 12:58:29 PM #26:	AzNDarkSamurai posted... There is too many variables are so its very hard to say whether thats true or false which doesnt change the fact that everyone said it like it was true anyway --- I could see you, but I couldn't hear you You were holding your hat in the breeze Turning away from me In this moment you were stolen... <cite>thronedfire2 posted [p:967539403] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>There is too many variables are so its very hard to say whether thats true or false</quote>which doesnt change the fact that everyone said it like it was true anyway </quote> ... Copied to Clipboard!
AzNDarkSamurai 08/24/22 2:42:37 PM #27:	@Ruvan22 Ruvan22 posted... Same here, but not everybody is fortunate to have a few thousand lying around. Are you saying they should do without a car forever? Even though you personally haven't bought a house, you are asking why anybody would go into debt for things - are you saying that people shouldn't but houses unless they have the ~100k or more on hand? With business, are you (again) saying you shouldn't start a business unless you have capital or wealthy family/friends? RE credit rating - you do know that paying back student loans/mortgages help your credit rating, right? You can get by without a car for a bit while saving. Public transportation, getting a ride from family or friends or co workers, Uber, etc. It also might take a while but you can also save for a house while renting or crashing a room in someone elses house. Kind of like what the new immigrants do. Work your ass off nonstop, save for 7-10 years, then buy a house from there. As for business, yeah you definitely shouldnt start one without having all the capital upfront because if the business fails. your credit will tank if you cant pay back a business loan. --- Pinoy Pride, 1988 - the day I die! <cite>AzNDarkSamurai posted [p:967541714] in Why should... [t:80140994]...</cite> <quote>@Ruvan22Ruvan22 posted... </cite><quote>Same here, but not everybody is fortunate to have a few thousand lying around. Are you saying they should do without a car forever?Even though you personally haven't bought a house, you are asking why anybody would go into debt for things - are you saying that people shouldn't but houses unless they have the ~100k or more on hand?With business, are you (again) saying you shouldn't start a business unless you have capital or wealthy family/friends?RE credit rating - you do know that paying back student loans/mortgages help your credit rating, right?</quote>You can get by without a car for a bit while saving. Public transportation, getting a ride from family or friends or co workers, Uber, etc.It also might take a while but you can also save for a house while renting or crashing a room in someone elses house. Kind of like what the new immigrants do. Work your ass off nonstop, save for 7-10 years, then buy a house from there. As for business, yeah you definitely shouldnt start one without having all the capital upfront because if the business fails. your credit will tank if you cant pay back a business loan. </quote> ... Copied to Clipboard!
thronedfire2 08/24/22 2:55:49 PM #28:	You can get by without a car for a bit is entirely dependent on where the person lives. I sure as shit arent riding a bike 8 miles on the highway to work. And taking an Uber everyday is more expensive than a car --- I could see you, but I couldn't hear you You were holding your hat in the breeze Turning away from me In this moment you were stolen... <cite>thronedfire2 posted [p:967542042] in Why should... [t:80140994]...</cite> <quote>You can get by without a car for a bit is entirely dependent on where the person lives. I sure as shit arent riding a bike 8 miles on the highway to work. And taking an Uber everyday is more expensive than a car </quote> ... Copied to Clipboard!
eaglei3 08/24/22 3:02:47 PM #29:	Those transportation "saving tips" mostly do not work if you live in a rural or countryside area. <cite>eaglei3 posted [p:967542201] in Why should... [t:80140994]...</cite> <quote>Those transportation "saving tips" mostly do not work if you live in a rural or countryside area.</quote> ... Copied to Clipboard!
SwordMaster13X 08/24/22 3:13:38 PM #30:	eaglei3 posted... Those transportation "saving tips" mostly do not work if you live in a rural or countryside area. it doesnt even really work in suburban New Jersey because there really isnt an outstanding mass transit system. If you want to take a train, you got to live near a train station which arent everywhere . You can always take the bus though but depending on your route- you may you have to take a couple of different buses. It can be done but it wouldnt be as efficient as having a car --- Ask me about my community board https://gamefaqs.gamespot.com/boards/1072-the-underground-garden <cite>SwordMaster13X posted [p:967542456] in Why should... [t:80140994]...</cite> <quote>eaglei3 posted... </cite><quote>Those transportation "saving tips" mostly do not work if you live in a rural or countryside area.</quote>it doesnt even really work in suburban New Jersey because there really isnt an outstanding mass transit system. If you want to take a train, you got to live near a train station which arent everywhere . You can always take the bus though but depending on your route- you may you have to take a couple of different buses. It can be done but it wouldnt be as efficient as having a car </quote> ... Copied to Clipboard!
Accolon 08/24/22 3:23:12 PM #31:	hockeybub89 posted... Because "only the rich should be able to get jobs that require degrees" is classist bullshit. No one should need to take a loan anyway since college should cost nothing. --- http://i.imgur.com/XAMp8.jpg <cite>Accolon posted [p:967542679] in Why should... [t:80140994]...</cite> <quote>hockeybub89 posted... </cite><quote>Because "only the rich should be able to get jobs that require degrees" is classist bullshit.No one should need to take a loan anyway since college should cost nothing.</quote></quote> ... Copied to Clipboard!
MedeaLysistrata 08/24/22 3:25:42 PM #32:	Not only should college cost nothing but you should be paid for going. Imagine the bravery and courage required to sacrifice your life so that you can satisfy the technocratic element inherent to capitalism. Imagine the intellectual capital you afford to your teachers, who essentially have claim to every interesting thought you have should they choose to be adequately neutral. --- Reason is primarily used to access experience. However, imagination is necessary for reason to produce some model of what it intends to experience. <cite>MedeaLysistrata posted [p:967542734] in Why should... [t:80140994]...</cite> <quote>Not only should college cost nothing but you should be paid for going.Imagine the bravery and courage required to sacrifice your life so that you can satisfy the technocratic element inherent to capitalism. Imagine the intellectual capital you afford to your teachers, who essentially have claim to every interesting thought you have should they choose to be adequately neutral.</quote> ... Copied to Clipboard!
Mia_K97 08/24/22 3:27:51 PM #33:	AzNDarkSamurai posted... @Ruvan22 You can get by without a car for a bit while saving. Public transportation, getting a ride from family or friends or co workers, Uber, etc. It also might take a while but you can also save for a house while renting or crashing a room in someone elses house. Kind of like what the new immigrants do. Work your ass off nonstop, save for 7-10 years, then buy a house from there. As for business, yeah you definitely shouldnt start one without having all the capital upfront because if the business fails. your credit will tank if you cant pay back a business loan. lmao <cite>Mia_K97 posted [p:967542787] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>@Ruvan22You can get by without a car for a bit while saving. Public transportation, getting a ride from family or friends or co workers, Uber, etc.It also might take a while but you can also save for a house while renting or crashing a room in someone elses house. Kind of like what the new immigrants do. Work your ass off nonstop, save for 7-10 years, then buy a house from there. As for business, yeah you definitely shouldnt start one without having all the capital upfront because if the business fails. your credit will tank if you cant pay back a business loan.</quote>lmao</quote> ... Copied to Clipboard!
NoxObscuras 08/24/22 3:28:43 PM #34:	AzNDarkSamurai posted... It also might take a while but you can also save for a house while renting or crashing a room in someone elses house. Kind of like what the new immigrants do. Work your ass off nonstop, save for 7-10 years, then buy a house from there. Why do that though? If you can save up enough for the down payment, you can buy the house with a loan and then the money you would have been "saving up" in your scenario, would just go towards the mortgage. Now you get to live in the house you wanted, while you slowly make enough money to pay off the loan and fully own it. Rather than sharing a space with someone else for 15+ years. Not to mention, with inflation, the house you're saving up for will cost a lot more in 15 years than it does now. My mom bought her house 19 years ago and the value has gone up by almost $450k. --- PSN - NoxObscuras Z490 \| i9-10900K \| EVGA 3080 FTW3 Ultra \| 32GB DDR4 3600 \| 4TB SSD <cite>NoxObscuras posted [p:967542811] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>It also might take a while but you can also save for a house while renting or crashing a room in someone elses house. Kind of like what the new immigrants do. Work your ass off nonstop, save for 7-10 years, then buy a house from there. </quote>Why do that though? If you can save up enough for the down payment, you can buy the house with a loan and then the money you would have been "saving up" in your scenario, would just go towards the mortgage. Now you get to live in the house you wanted, while you slowly make enough money to pay off the loan and fully own it. Rather than sharing a space with someone else for 15+ years. Not to mention, with inflation, the house you're saving up for will cost a lot more in 15 years than it does now. My mom bought her house 19 years ago and the value has gone up by almost $450k. </quote> ... Copied to Clipboard!
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AzNDarkSamurai 08/24/22 3:42:04 PM #36:	NoxObscuras posted... Why do that though? If you can save up enough for the down payment, you can buy the house with a loan and then the money you would have been "saving up" in your scenario, would just go towards the mortgage. Now you get to live in the house you wanted, while you slowly make enough money to pay off the loan and fully own it. Rather than sharing a space with someone else for 15+ years. Not to mention, with inflation, the house you're saving up for will cost a lot more in 15 years than it does now. My mom bought her house 19 years ago and the value has gone up by almost $450k. I mean, the problem with that plan is. what if you lose your job during the period of the loan and you arent done paying off the house yet? A foreclosure will look REALLY bad on your credit report. [LFAQs-redacted-quote] Its already that way with most high end jobs is it not? I cant think of one high level employee who didnt come from a privileged background Most poor people typically have a ceiling in what kind of jobs they will be able to get. Majority seem to go the military route, trades, cleaning/maintenance, etc. --- Pinoy Pride, 1988 - the day I die! <cite>AzNDarkSamurai posted [p:967543114] in Why should... [t:80140994]...</cite> <quote>NoxObscuras posted... </cite><quote>Why do that though? If you can save up enough for the down payment, you can buy the house with a loan and then the money you would have been "saving up" in your scenario, would just go towards the mortgage.Now you get to live in the house you wanted, while you slowly make enough money to pay off the loan and fully own it. Rather than sharing a space with someone else for 15+ years.Not to mention, with inflation, the house you're saving up for will cost a lot more in 15 years than it does now. My mom bought her house 19 years ago and the value has gone up by almost $450k.</quote>I mean, the problem with that plan is. what if you lose your job during the period of the loan and you arent done paying off the house yet? A foreclosure will look REALLY bad on your credit report.<cite>[LFAQs-redacted-quote]</cite> Its already that way with most high end jobs is it not? I cant think of one high level employee who didnt come from a privileged background Most poor people typically have a ceiling in what kind of jobs they will be able to get. Majority seem to go the military route, trades, cleaning/maintenance, etc. </quote> ... Copied to Clipboard!
COVxy 08/24/22 3:45:32 PM #37:	AzNDarkSamurai posted... Its already that way with most high end jobs is it not? I cant think of one high level employee who didnt come from a privileged background Most poor people typically have a ceiling in what kind of jobs they will be able to get. Majority seem to go the military route, trades, cleaning/maintenance, etc. Now, one might ask themselves, is this a good thing? --- =E[(x-E[x])(y-E[y])] <cite>COVxy posted [p:967543205] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>Its already that way with most high end jobs is it not? I cant think of one high level employee who didnt come from a privileged backgroundMost poor people typically have a ceiling in what kind of jobs they will be able to get. Majority seem to go the military route, trades, cleaning/maintenance, etc.</quote>Now, one might ask themselves, is this a good thing?</quote> ... Copied to Clipboard!
bigblu89 08/24/22 4:09:13 PM #38:	AzNDarkSamurai posted... @Ruvan22 You can get by without a car for a bit while saving. Public transportation, getting a ride from family or friends or co workers, Uber, etc. It also might take a while but you can also save for a house while renting or crashing a room in someone elses house. Kind of like what the new immigrants do. Work your ass off nonstop, save for 7-10 years, then buy a house from there. As for business, yeah you definitely shouldnt start one without having all the capital upfront because if the business fails. your credit will tank if you cant pay back a business loan. Respectfully, this is shit advice. "Uber to work to save money until you can afford a car" may be the single dumbest piece of advice I've ever heard. That is, until you suggested to rent an apartment while you save up to buy a house. --- It takes zero effort to be a good person. <cite>bigblu89 posted [p:967543759] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>@Ruvan22You can get by without a car for a bit while saving. Public transportation, getting a ride from family or friends or co workers, Uber, etc.It also might take a while but you can also save for a house while renting or crashing a room in someone elses house. Kind of like what the new immigrants do. Work your ass off nonstop, save for 7-10 years, then buy a house from there. As for business, yeah you definitely shouldnt start one without having all the capital upfront because if the business fails. your credit will tank if you cant pay back a business loan.</quote>Respectfully, this is shit advice."Uber to work to save money until you can afford a car" may be the single dumbest piece of advice I've ever heard.That is, until you suggested to rent an apartment while you save up to buy a house.</quote> ... Copied to Clipboard!
NoxObscuras 08/24/22 4:24:43 PM #39:	AzNDarkSamurai posted... I mean, the problem with that plan is. what if you lose your job during the period of the loan and you arent done paying off the house yet? A foreclosure will look REALLY bad on your credit report. Suddenly losing your job would be a worst case scenario. And on the off chance that it does happen, you should have contingencies. Dip into your savings, take out equity on your home, or, as a last resort, take out another loan to cover expenses until you get a new job. But you should, ideally, be able to find a new job before the bank starts talking foreclosure. --- PSN - NoxObscuras Z490 \| i9-10900K \| EVGA 3080 FTW3 Ultra \| 32GB DDR4 3600 \| 4TB SSD <cite>NoxObscuras posted [p:967544202] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>I mean, the problem with that plan is. what if you lose your job during the period of the loan and you arent done paying off the house yet? A foreclosure will look REALLY bad on your credit report.</quote>Suddenly losing your job would be a worst case scenario. And on the off chance that it does happen, you should have contingencies. Dip into your savings, take out equity on your home, or, as a last resort, take out another loan to cover expenses until you get a new job. But you should, ideally, be able to find a new job before the bank starts talking foreclosure. </quote> ... Copied to Clipboard!
Ruvan22 08/24/22 5:51:58 PM #40:	AzNDarkSamurai posted... You can get by without a car for a bit while saving. Public transportation, getting a ride from family or friends or co workers, Uber, etc. As many people have pointed out, public transport, even Uber, depends on where you live (Atlanta's public transportation doesn't fully extend into the suburbs). RE family/coworkers - how long are you going to be asking them for rides? Are you going to pay them for gas/wear and trear? It also might take a while but you can also save for a house while renting or crashing a room in someone elses house. Kind of like what the new immigrants do. Work your ass off nonstop, save for 7-10 years, then buy a house from there. Average price of a house in the US is 400K - so you would have to save 40k per year for 10 years. IF you make 20/hour and don't spend a dime on anything it might work. Are you saying that's feasible? https://bit.ly/3Al1bRR As for business, yeah you definitely shouldnt start one without having all the capital upfront because if the business fails. your credit will tank if you cant pay back a business loan. Again, some things don't or even help your credit - taking a loan for business and regular repayment is one of them. Look you started this thread by asking "Why would anyone would take out student loans?", and now you are asking "Why would anybody take out loans?" You realize that keeping a good credit score isn't the only thing people worry about, don't you? And while people might worry about losing their job, that can't be ONLY thing people worry about, right? <cite>Ruvan22 posted [p:967546317] in Why should... [t:80140994]...</cite> <quote>AzNDarkSamurai posted... </cite><quote>You can get by without a car for a bit while saving. Public transportation, getting a ride from family or friends or co workers, Uber, etc.</quote>As many people have pointed out, public transport, even Uber, depends on where you live (Atlanta's public transportation doesn't fully extend into the suburbs). RE family/coworkers - how long are you going to be asking them for rides? Are you going to pay them for gas/wear and trear?<quote>It also might take a while but you can also save for a house while renting or crashing a room in someone elses house. Kind of like what the new immigrants do. Work your ass off nonstop, save for 7-10 years, then buy a house from there. </quote>Average price of a house in the US is 400K - so you would have to save 40k per year for 10 years. IF you make 20/hour and don't spend a dime on anything it might work. Are you saying that's feasible?https://bit.ly/3Al1bRR<quote>As for business, yeah you definitely shouldnt start one without having all the capital upfront because if the business fails. your credit will tank if you cant pay back a business loan.</quote>Again, some things don't or even help your credit - taking a loan for business and regular repayment is one of them.Look you started this thread by asking "Why would anyone would take out student loans?", and now you are asking "Why would anybody take out loans?" You realize that keeping a good credit score isn't the only thing people worry about, don't you? And while people might worry about losing their job, that can't be ONLY thing people worry about, right?</quote> ... Copied to Clipboard!
CableZL 08/24/22 5:54:13 PM #41:	I was also shoehorned into college. Nobody told me that you can just get certifications in IT fields. If I had known that when I was 18, I would have just opted to do that. I ended up dropping out of college after my 1st year for a number of reasons, so I didn't end up with a mountain of student loan debt. --- https://i.imgtc.com/d9Fc4Qq.gif https://i.imgtc.com/BKHTxYq.gif https://i.imgtc.com/vYYIuDx.jpg <cite>CableZL posted [p:967546387] in Why should... [t:80140994]...</cite> <quote>I was also shoehorned into college. Nobody told me that you can just get certifications in IT fields. If I had known that when I was 18, I would have just opted to do that. I ended up dropping out of college after my 1st year for a number of reasons, so I didn't end up with a mountain of student loan debt. </quote> ... Copied to Clipboard!
iPhone_7 08/24/22 5:58:18 PM #42:	F* community college. Its my right as an Murikan to take on student loan debt by going to an expensive university and then demanding the government pay for it! --- Sig User Logic http://i.imgur.com/lA5fm7w.jpg <cite>iPhone_7 posted [p:967546478] in Why should... [t:80140994]...</cite> <quote>F* community college. Its my right as an Murikan to take on student loan debt by going to an expensive university and then demanding the government pay for it!</quote> ... Copied to Clipboard!
PrettyBoyFloyd 08/24/22 5:59:25 PM #43:	College is just what some use for snotty bragging rights. --- The Evil Republicans - Est.2004 - WoT [Government Destabilizing Branch] <cite>PrettyBoyFloyd posted [p:967546518] in Why should... [t:80140994]...</cite> <quote>College is just what some use for snotty bragging rights.</quote> ... Copied to Clipboard!
hockeybub89 08/24/22 6:03:01 PM #44:	PrettyBoyFloyd posted... College is just what some use for snotty bragging rights. Ok. Doesn't change that it is a vital part of society. The world literally could not function without those jobs. It couldn't function without a lot of jobs that don't degress either. But I find it hilarious how conditioned certain people have become to believe college is useless. It's even funnier that college-educated elites are the ones that push those narratives. --- http://card.psnprofiles.com/1/NIR_Hockey.png Your uneducated opinions are worthless. <cite>hockeybub89 posted [p:967546616] in Why should... [t:80140994]...</cite> <quote>PrettyBoyFloyd posted... </cite><quote>College is just what some use for snotty bragging rights.</quote>Ok. Doesn't change that it is a vital part ofsociety. The world literally could not function without those jobs. It couldn't function without a lot of jobs that don't degress either. But I find it hilarious how conditioned certain people have become to believe college is useless. It's even funnier that college-educated elites are the ones that push those narratives.</quote> ... Copied to Clipboard!
COVxy 08/24/22 6:04:56 PM #45:	iPhone_7 posted... F* community college. Its my right as an Murikan to take on student loan debt by going to an expensive university and then demanding the government pay for it! Yeah, really quite an awful thing that people want a quality education. --- =E[(x-E[x])(y-E[y])] <cite>COVxy posted [p:967546664] in Why should... [t:80140994]...</cite> <quote>iPhone_7 posted... </cite><quote>F* community college. Its my right as an Murikan to take on student loan debt by going to an expensive university and then demanding the government pay for it!</quote>Yeah, really quite an awful thing that people want a quality education.</quote> ... Copied to Clipboard!
hockeybub89 08/24/22 6:06:03 PM #46:	iPhone_7 posted... F* community college. Its my right as an Murikan to take on student loan debt by going to an expensive university and then demanding the government pay for it! No it should be your right to go to college without any cost to you besides continuing to pay taxes. Education, like healthcare, has no business being a privilege or luxury. --- http://card.psnprofiles.com/1/NIR_Hockey.png Your uneducated opinions are worthless. <cite>hockeybub89 posted [p:967546693] in Why should... [t:80140994]...</cite> <quote>iPhone_7 posted... </cite><quote>F* community college. Its my right as an Murikan to take on student loan debt by going to an expensive university and then demanding the government pay for it!</quote>No it should be your right to go to college without any cost to you besides continuing to pay taxes. Education, like healthcare, has no business being a privilege or luxury.</quote> ... Copied to Clipboard!
PrettyBoyFloyd 08/24/22 6:07:28 PM #47:	hockeybub89 posted... Ok. Doesn't change that it is a vital part of society. The world literally could not function without those jobs. It couldn't function without a lot of jobs that don't degress either. But I find it hilarious how conditioned certain people have become to believe college is useless. It's even funnier that college-educated elites are the ones that push those narratives. But why not specifically go into the fields one is interested in? College just has a bunch of bullshit one has to go through before getting to the point. --- The Evil Republicans - Est.2004 - WoT [Government Destabilizing Branch] <cite>PrettyBoyFloyd posted [p:967546730] in Why should... [t:80140994]...</cite> <quote>hockeybub89 posted... </cite><quote>Ok. Doesn't change that it is a vital part ofsociety. The world literally could not function without those jobs. It couldn't function without a lot of jobs that don't degress either. But I find it hilarious how conditioned certain people have become to believe college is useless. It's even funnier that college-educated elites are the ones that push those narratives.</quote>But why not specifically go into the fields one is interested in?College just has a bunch of bullshit one has to go through before getting to the point.</quote> ... Copied to Clipboard!
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COVxy 08/24/22 6:09:18 PM #50:	PrettyBoyFloyd posted... But why not specifically go into the fields one is interested in? College just has a bunch of bullshit one has to go through before getting to the point. Do you think there are no skills that transfer from gen ed to major specific classes? --- =E[(x-E[x])(y-E[y])] <cite>COVxy posted [p:967546782] in Why should... [t:80140994]...</cite> <quote>PrettyBoyFloyd posted... </cite><quote>But why not specifically go into the fields one is interested in?College just has a bunch of bullshit one has to go through before getting to the point.</quote>Do you think there are no skills that transfer from gen ed to major specific classes? </quote> ... Copied to Clipboard!
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Current Events > Why should anyone get in student loan debt in the first place? (+) Yeah! (+)

Current Events > Why should anyone get in student loan debt in the first place?