Loans

[Anonymous No.15317854]

It's that simple, /biz/. Quit being lazy millennials and pay your debts

[Anonymous No.15317870]

I own up to what I've done, but I personally think the racket which is modern college needs exposed. These morons are going into fake degrees while racking up $100k in debt that they will literally never be able to pay off, it's nuts. So many parties are complicit... clueless ass HS advisors and teachers, scummy universities pushing these degrees and jacking up tuition, FAFSA doling loans out like free candy.

[Anonymous No.15317872]

>>15317854
OOOHHHH SHIIIIIETTT LIBTARDS BTFO

[Anonymous No.15317874]

I'll take German Economic Miracle for $400

[Anonymous No.15317885]

imagine being American where the government works hand-in-hand with the education lobby to provide overpriced and subpar education to its citizens.

in fact the pre-college education is so terrible that US citizens don't even know the basics of how student loans work lol

[Anonymous No.15317891]

>>15317870
This. Can't believe these fuckers have the nerve to pressure 17-year-olds into making a huge decision when they are too young to know what they're getting into, and then have the audacity to call them "entitled" for realizing they've been sold a lie.

[Anonymous No.15317894]

>>15317854
I can't. What you gonna do about it?

[Anonymous No.15317895]

>>15317885
Imagine being an irrelevant non-American coming to an American website to complain about Americans every day

Does your country even have websites lmao

[Anonymous No.15317896]

Nope I was preyd on by propaganda telling me going to college would ensure me a good job

[Anonymous No.15317906]

>>15317854
When does the bank pay back the loans given out in 2008?

[Anonymous No.15317913]

>>15317906
They still laugh about that one.

[Anonymous No.15317923]

>>15317854
Boomers would tell millenals back in elementary school to go to college because people with degrees will make $1million more than people without degrees. I still remember all my boomer teachers telling me that. Even non-boomer teachers would tell us that.

[Anonymous No.15317934]

>>15317885

The ruthless profit and demand seeking has its merits, and its pitfalls. The worst is when the government and private sector work together to produce ridiculous outcomes like this. Same goes for healthcare, if the US didn't subsidize the industry heavily with Medicare/Medicaid, prices would be far more manageable.

This shit with college started with FAFSA and state subsidization of college, basically guaranteeing a money train for universities, and they took full advantage. Prior to that private lenders wouldn't give these monkeys in Art History an easy loan.

[Anonymous No.15317944]

>>15317891
Pretty much this. B8 aside I'm glad I waited a few years after HS to figure out what the fuck I wanted to do. You're so young and haven't even experienced anything yet that the full weight of owing thousands upon thousands of dollars for the privilege to work a job you end up hating. I have friends who went straight from HS to community college and ended up dropping out of his program he was doing fine in, because be realized he hated it. Only after he owned thousands of dollars in tuition fees though

[Anonymous No.15317959]

Of course mr boomer cartoonist! Just don't take out the loan in the first place! What were these silly millennials thinking? Why didn't they just ignore their parents, their peers, their teachers, and the unspoken expectations of society as a whole and just not go to college in the first place? We don't trust children at the tender age of 18 to drink a beer, but we do trust them to make financial decisions on the order of tens of thousands of united states dollars that will cripple them financially for years to come! I'm sure you had no part in herding your own children into this did you Rick? I'm sure you can safely sit on your high horse and preach to the dumb, entitled millennials who didn't understand the concept of personal responsibility just a few years out from hitting puberty!

tldr: day of the pillow when?

[Anonymous No.15317964]

>>15317891
>pressure 17-year-olds into making a huge decision when they are too young to know what they're getting into
Don't 17 year old Americans understand basic math?

[Anonymous No.15317979]

>>15317964
Youre told you'll make the money back to pay it easily after you get your degree. You're told if you don't you'll be a poor dumb loser forever who will never get ahead in life.

Kids are impressionable and are taught to listen to their elders, you do the math.

[Anonymous No.15317983]

>>15317964
They do, what they usually don’t understand are the concept of “time” and “long term consequences”. I was lucky enough to spend most of my teens trying to get laid and playing video games. I payed back my student loans in full but I understand only now how much of a scam this all is.

[Anonymous No.15317999]

>>15317964
I know everyone in your country is pessimistic because it's a shithole, so you don't have lies like "the American dream" there, so you wouldn't understand.

Basically they're told that the college degree is the key to the American dream and that the job pays for itself (sometimes it even does if you go into STEM, but they don't tell you that, they tell you any degree will get you a six-fig job)

[Anonymous No.15318023]

>>15317959
everyone over 65 should just die immediately desu

[Anonymous No.15318199]

>>15318023
very based and very redpillowed

[Anonymous No.15318228]

>>15317872
This was always my favorite one.

[Anonymous No.15318244]

>>15317983
>payed
I think you overpaid for your schooling.

[Anonymous No.15318279]

>>15317854
I feel like it's part of the capitalist game we play to find rules to allow us to Welch on debts. Chivalry is ded and I'm no Lanister.

[Anonymous No.15318398]

>>15317854
lol fuck them. It's the only kind of debt that bankruptcy wont erase. I can use that education i got a loan on move to Japan where I can live/work/bang without ever having pay back a dime.

[Anonymous No.15318441]

>>15317854
>Don't do that
>Government pays for it

Why wouldn't I do what is in my financial interest? It's what your favorite CEOs like to do.

[Anonymous No.15318497]

>>15317964
We were shown boomer statistics about how getting a degree would automatically make you twice as much money. I had a internet connection so I knew it was all a scam, but I can see why so many of my peers persuaded.

[Anonymous No.15318515]

Anon, you have taken out the max federal loans possible in anticipation of the inevitable student loan forgiveness, right?

[Anonymous No.15318718]

>>15317870
Retarded counselor pressured me HARD when I was a kid to go to expensive private college that would have put me in debt for half my life even with a solid degree. I'm sure plenty of less smart people fell for it just from him alone.

[Anonymous No.15319039]

>>15317870
Cope. Pay your debts you deadbeat

[Anonymous No.15319100]

>>15318279
It's their way of enslaving you early. 100k in student loans, 200k in a mortgage, 30k in a car and now you're stuck working a job you hate forever or else you lose it all, and even when you have nothing the government will still hold that loan over your head.

[Anonymous No.15319275]

>>15318515
>It turns out this was all a massive ploy to get more idiots to take on student debt thinking they would be forgiven.

[Anonymous No.15319584]

>Boomers force their kids into expensive private colleges because "YOU'LL MAKE SO MUCH MONEY YOU'LL PAY IT ALL OFF A FEW YEARS AFTER GRADUATING"
>Kids graduate, get jobs that barely pay more than if they had just gone into a trade
>Boomers then bitch and wonder why millenials don't have money to buy houses, horde their precious little money instead of going out, and don't want to get married and pop out a kid to drain even more money

Thank god my parents were smart and just told me to go to a local community college. I have several High School friends that I still talk with that were thrown into huge private colleges that are 100,000+ in debt and constantly stress to me about how they'll be paying this shit off for the rest of their life.

[Anonymous No.15319609]

>>15319039
Fuck off boomer

[Anonymous No.15319681]

>>15317979
if you blindly believe everything youre told, youre gonna be a poor dumb loser anyways. if it werent for student loans, you wouldve gotten in debt for something just as stupid, like faith healing, mlm, magic diet pills, etc.

[Anonymous No.15319717]

The only thing more retarded than taking out a 100k loan for an art history degree is giving out a 100k loan for someone to get an art history degree.

Taking out a huge loan is literally easier than buying a used car at a dealership. Shits predatory as fuck and the gov/universities deserve what’s coming when the bubble pops.

[Anonymous No.15320189]

>>15317964
I had a MANDATORY lecture every other month about how college is a sure thing and if you don't do it you'll work in wallmart for the rest of your life.

[Anonymous No.15320233]

>>15317906
I heard they already payed back all that money

[Anonymous No.15320234]

>>15317854
With what money?
>get a job
With what skills?
>learn skills
With what money?
Etc. Etc.
Ain’t no way I’m paying back the 200k of debt with the manual labour I’m currently doing. My intake is like 40k a year, rent + insurance + food + money for my parents means I mathematically can NEVER pay back my engineering degree.
>getting an engineering job
I did 500 applications and I still do one every week. I’ll let you guys know if I ever get an interview lol

[Anonymous No.15320241]

>>15317906
yeah they did pay it back, the government is actually 100b in profit from the deal

https://projects.propublica.org/bailout/

[Anonymous No.15320243]

>>15320233