Grads Buried in Student Loan Debt, but Unwilling to Give Up Luxuries

[mrrealone]

At the same time, more than half of millennials reported regret about how much they borrowed to attend college. And a startling one-third of grads said they would have skipped college altogether had they grasped how expensive it would be in the end.

“Unfortunately, the long-term cost of college is leading some graduates to question the value of their investment — in many cases, before they have fully explored their opportunities to significantly reduce their payments,” Coughlin said

So much truth right here......

I got Blessed by the Most High something serious. When I finished, my debt was way above my head and I would've been in my 50's paying it off if I was still loading goods on trucks which is the first thang that I took when I graduated and it was about to default. If I need more education, its coming straight out of pocket and not getting a loan again. Going to Technical College and learning a decent skill set or more training can help out a ton of ppl and keep them out of this much debt. This going to college scam and thinking jobs will be knocking down the door for you is NOT true. When I cop my crib, I don't want a loan for that either. It's all a hustle and set up to keep you drowning in that debt.

 

[CapitalB]

I wish i know then what i know now. All this shit (education, home ownership,etc) are created to keep your ass in debt. The American dream is a scam created by the banks and wealthy to sell a facade.

FACTS! I been tryna tell cats..

So what do yall suggest

sell dope nigga...

 

[CapitalB]

If I knew then what I know now, I wouldn't have went to college

But I only learned what I know now by going and having that experience lol

now pass it on to yo kids...

thats how u pay it forward..

quit thinkin about urself...

 

[R.D.]

If I knew then what I know now, I wouldn't have went to college

But I only learned what I know now by going and having that experience lol

now pass it on to yo kids...

thats how u pay it forward..

quit thinkin about urself...

Most definitely

 

[CapitalB]

If I knew then what I know now, I wouldn't have went to college

But I only learned what I know now by going and having that experience lol

now pass it on to yo kids...

thats how u pay it forward..

quit thinkin about urself...

Most definitely

dig!

i jus hate when i hear "if i knew then what i know now??" or "u cant take it wit u"

shit like that is why the poor stay poor ..cause they only concerned wit themselves.. i got a cousin who sees how i am wit my daughter and dsys she wishes she had a dad like that.. im like "no bitch, go find a man like that to be wit u and ur kid." lol people always stuck on them.. when this shit is about progression..

and thats how the rich stay gettin richer.. generation after generation they gathering amd sharing information..

u jus the sacrificial lamb my nigga. yo grandkids go be straight tho! lol

 

[2stepz_ahead]

If I knew then what I know now, I wouldn't have went to college

But I only learned what I know now by going and having that experience lol

now pass it on to yo kids...

thats how u pay it forward..

quit thinkin about urself...

Most definitely

dig!

i jus hate when i hear "if i knew then what i know now??" or "u cant take it wit u"

shit like that is why the poor stay poor ..cause they only concerned wit themselves.. i got a cousin who sees how i am wit my daughter and dsys she wishes she had a dad like that.. im like "no bitch, go find a man like that to be wit u and ur kid." lol people always stuck on them.. when this shit is about progression..

and thats how the rich stay gettin richer.. generation after generation they gathering amd sharing information..

u jus the sacrificial lamb my nigga. yo grandkids go be straight tho! lol

this is the same thing i said in the business conference..

at some point someone in the family needs to step up...problem is too many of us want to enjoy our hard work and let our kids fend for themselves. in my eyes thats failing as a parent. cuz once you have kids...thats when sacrifice begins.you dont have to stop living but you need to live like your shit needs to continue after you.

i also hate the "cant take it with you excuse" so why even make it then...sounds selfish to me

we have too many people going agaisnt forward thinking becuase they chasing the wrong thing

i know...tomorrow is not promised but it will come, then what

 

[2stepz_ahead]

if any of yall have accounting software....try seeing how much you spend on drink buying, tricking, jordans and clothes.

over a period of 5 years you would have a nice down payment for an asset

 

[CapitalB]

if any of yall have accounting software....try seeing how much you spend on drink buying, tricking, jordans and clothes.

over a period of 5 years you would have a nice down payment for an asset

no, no way, nah, id rather not. lol

 

[dalyricalbandit]

Then student loans be ruining some folks lives

 

[T. Sanford]

If I knew then what I know now, I wouldn't have went to college

But I only learned what I know now by going and having that experience lol

now pass it on to yo kids...

thats how u pay it forward..

quit thinkin about urself...

Most definitely

dig!

i jus hate when i hear "if i knew then what i know now??" or "u cant take it wit u"

shit like that is why the poor stay poor ..cause they only concerned wit themselves.. i got a cousin who sees how i am wit my daughter and dsys she wishes she had a dad like that.. im like "no bitch, go find a man like that to be wit u and ur kid." lol people always stuck on them.. when this shit is about progression..

and thats how the rich stay gettin richer.. generation after generation they gathering amd sharing information..

u jus the sacrificial lamb my nigga. yo grandkids go be straight tho! lol

There's no greater love than sacrificing yourself for others to live

Like the famous quote "I went thru that, so you wouldn't have to"

 

[skpjr78]

Fuck college. You can get just as far if not farther in life on licenses and certifications which are much cheaper and in some instances free.

 

[blackrain]

Fuck college. You can get just as far if not farther in life on licenses and certifications which are much cheaper and in some instances free.

That don't work for every profession...some shit you need to go to college for.

 

[2stepz_ahead]

Fuck college. You can get just as far if not farther in life on licenses and certifications which are much cheaper and in some instances free.

That don't work for every profession...some shit you need to go to college for.

very true.

 

[Inglewood_B]

I mean my grandmother just passed away and while looking at caskets anything that was above a fucking woodbox was over 5-6k for a regular looking one and that's not including anything personal which pushed it over 10k. Everyone dies so why should something that EVERY SINGLE PERSON on the planet will one day experience potentially put us in debt?

Can anyone explain why a box that's gonna be dumped into the ground never to be seen again is 5-6k? That is insane

 

[LPast]

I hope y'all are the same people that don't go into debt for cars or clothes.

Student loan and mortgages are workable debt IMO. I'll speak for myself. I don't think I would be making this much money at 29 if I didn't go to school.

I don't have all of the answers, so let me know... If I didn't have a mortgage, I'd be renting... How is that a better financial decision?

 

[2stepz_ahead]

I mean my grandmother just passed away and while looking at caskets anything that was above a fucking woodbox was over 5-6k for a regular looking one and that's not including anything personal which pushed it over 10k. Everyone dies so why should something that EVERY SINGLE PERSON on the planet will one day experience potentially put us in debt?

Can anyone explain why a box that's gonna be dumped into the ground never to be seen again is 5-6k? That is insane

its the business model of funeral homes...

they play on your emotions and upsell the price of the coffin because you should want your loved one to cross over in comfort and dignity.

i already told my wife to put my in a box and throw me off a cliff like wile e coyote.... i have specific instructions to not allow my death to help anyone get rich except her

 

[2stepz_ahead]

I hope y'all are the same people that don't go into debt for cars or clothes.

Student loan and mortgages are workable debt IMO. I'll speak for myself. I don't think I would be making this much money at 29 if I didn't go to school.

I don't have all of the answers, so let me know... If I didn't have a mortgage, I'd be renting... How is that a better financial decision?

not sure what question you are asking

 

[LPast]

I hope y'all are the same people that don't go into debt for cars or clothes.

Student loan and mortgages are workable debt IMO. I'll speak for myself. I don't think I would be making this much money at 29 if I didn't go to school.

I don't have all of the answers, so let me know... If I didn't have a mortgage, I'd be renting... How is that a better financial decision?

not sure what question you are asking

If I want to go to school and purchase a house. What is the alternative?

 

[R.D.]

I'll just say this...you can learn a skill or get some type of certification even if it's just a commercial license after school..stay home, stack up and invest in yourself w/o a third of the debt you going leave school with

And you'll be making more than most college students enter the workforce making 3 years before you would've even graduated

 

[NoCompetition]

If I knew then what I know now, I wouldn't have went to college

But I only learned what I know now by going and having that experience lol

now pass it on to yo kids...

thats how u pay it forward..

quit thinkin about urself...

Most definitely

dig!

i jus hate when i hear "if i knew then what i know now??" or "u cant take it wit u"

shit like that is why the poor stay poor ..cause they only concerned wit themselves.. i got a cousin who sees how i am wit my daughter and dsys she wishes she had a dad like that.. im like "no bitch, go find a man like that to be wit u and ur kid." lol people always stuck on them.. when this shit is about progression..

and thats how the rich stay gettin richer.. generation after generation they gathering amd sharing information..

u jus the sacrificial lamb my nigga. yo grandkids go be straight tho! lol

this is the same thing i said in the business conference..

at some point someone in the family needs to step up...problem is too many of us want to enjoy our hard work and let our kids fend for themselves. in my eyes thats failing as a parent. cuz once you have kids...thats when sacrifice begins.you dont have to stop living but you need to live like your shit needs to continue after you.

i also hate the "cant take it with you excuse" so why even make it then...sounds selfish to me

we have too many people going agaisnt forward thinking becuase they chasing the wrong thing

i know...tomorrow is not promised but it will come, then what

Everybody doesnt have or want kids. I love my life but its a bunch of sht to worry about and have to deal with in this world. Im not big on bringing someone here and giving them that job. And its just getting more crowded and crazy. Dont come and its like no harm no foul. Not trying to put that strain on myself either At this point. Now if you do have kids its like a balance. I agree people let their kids fend for themselves a lot. At the same time they gotta learn to function and handle their own affairs. Also its your money so you might as well enjoy it. They gotta earn their own...with hopefully providing a good balance of enriching them.