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It isn't, and I've always said that. But this has nothing to do with college loans and giving them to people who have no money and no means to pay them back UNLESS you look at college as a means to a high paying job. See the problem?
welfare,jail birds suck the blood out of the system yet they don't pay back a dime.Something is wrong with the system.
Rep points to you. I will never understand how a person on assistance with a child will get a free college education but a person with no children and making minimum wage or a little above will get nothing and have to take out an abundance of student loans. Why does no one make a big deal about that??? They can quit when they want and re-enroll at the drop of a hat and pay nothing but that's okay because they plan on "bettering" themselves. Something is seriously wrong with this country and that's a big issues that lawmakers refuse to touch. I bet if she had been 17 and had a dependant she wouldn't have needed to take out those student loans they would have given her a ton of financial aid and a nice refund check at the end of the semester when she paid nothing to begin with
Sorry...but what exactly is the problem here? She makes $2300 after taxes, pays $750/mo for rent and $700/mo in loans. That leaves $850/mo left over. A monthly pass for transit in San Francisco is $70/mo, lets say she pays her own utilities for $150/mo and food for $250/mo, that still leaves $380/mo left over for everything else. The way I see it, she should be able to save/invest at least $150/mo. Also, her salary is only going to go up.
Why is this a sob story? It seems like she is doing OK to me. She isn't going to go out to eat anytime soon, but she isn't exactly going to starve.
I adjusted my monthly budget for her numbers and it is very doable. What kind of lifestyle is she expecting right out of college in one of the most expensive cities in the country with a major like that?
Poor girl! I had to pay back my student's loans. Did I love it? No, but I took out the loans so I had to pay them back. Taking out loans and not paying them back is, um, stealing in my book.
It feels wrong to her? Big freaking wahhhhhhh! Why didn't someone tell her that religious and women's studies aren't the quickest path to big bucks. Why did she go to such an expensive school? What did she think would happen? Even if she's making 45K a year (which is the starting salary in some fields and good money for a 22 year old who doesn't go Wall Street, for example), it will still take a long time to pay back her loans. Didn't anyone in her family bother to do the math? *dope slap*
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