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I wish they had the authority to call in the loan, in light of these circumstances. This just reminds me of the people who bought homes they couldn't afford with fishy ARM mortgages and then threw their hands up in the air in their Hummers and/or multiple plasma TV rec rooms, after taking a safari in the Serengeti. Makes me want to puke, as a person who strives to live within my means.
Don't need to watch the video to know she has an entitlement aura around her. The nice things in life (nice car, house, and vacations) will set you back a lot of dollars. Deal with it, Jenny, because this is 1 of the darker/harder aspects of being an adult: loan debt.
One of my kids had to get a $1500 student loan a million years ago. It went straight to the school for tuition. She never touched it. Paid it back with 3 month of graduating.
Must be a new way for banks to make a bunch of money with little risk.
Lots of people are not teaching their kids about debt and paying interest being a really stupid thing to do.
Where do you see a luxury home with a gourmet kitchen? I see basically one room that opens to a pretty standard apartment sized kitchen. For all I know that is her living room, dining room and kitchen being shown. How many bedrooms in her "luxury home"? Does she have room mates? Is she married and have dual incomes?
Edit. I just looked up her "lavish vacation", she went to sea world, and apparently her sister lives near by.
I didn't watch both videos in their entirety, but I watched enough.
In the first video, I do not see a "lavish kitchen". What I see looks like a studio apartment, or maybe a 1 bedroom, but her kitchen and living room are all one room, so it's not lavish by any stretch of the imagination.
In the second video, she talks about how she knows you have to live within your means, you have to pay the money back, Dave Ramsey isn't telling her anything she didn't already know, and at least she got a degree in something worthwhile, not some stupid "women's studies" bs that's going to have you greeting people at Wal-Mart or waiting on tables.
Where she lost me, however, is when she said that she doesn't believe the solution is putting your head down and working hard, and that she is not willing to eat rice and beans for years just to pay it off.
Ha!
Welcome to the real world, lady. That is exactly how you do it. Of course it's not fun, but you don't get to have a $300,000 student loan debt and not work hard and eat crap food for years to pay it off. That's how these things work whether you like them or not.
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