UnThreaded | Threaded | Whole Thread (63) | Ignore Thread Prev | Next
Author: vkg Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 886229  
Subject: Re: Don't do this.... Date: 2/25/2014 11:34 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
And that would have been a loss for rural health care. Loans are useful if taken thoughtfully.
Kristi


Yes, and average student loans are equivalent to the cost of a car.

I can understand high loans for a medical degree. What there doesn't seem to be is a limit for are those who have not prospects for paying off the loans. A coworkers kid has 6 figures in loans from attending a ivy league school completely on loans, and then failed to qualify to even apply to their "dream" law school. The kid has refused to listen to their brother and parents about taking on too much debt. Some time reality will come knocking. Loan payments have started, which can't be easy with the current salary. Both parents are non-technical and don't have high enough income to help.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (63) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Saul's Investing Discussions

Why Did I Buy a Bunch of PFIE Today?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement