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/biz/ - Business & Finance

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55801201 No.55801201 [Reply] [Original]

>You took a loan. Pay it back.

>> No.55801219

>>55801201
it is against my religion

>> No.55801763
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55801763

>>55801201
>10k loan
>around a year later
>say i want to pay all off
>ok anon pay the remaining 7500
>send check
>uh oh anon I'm sorry but you asked loan extinction on 25th and we accounted for 15th so you own us 150$
>pay 150$
>sorry anon you still own us another 150$
>pay again
>sorry anon once again you own us 150$
>refuse to pay
>get called everyday from debt collectors

EVEN IF YOU PAY YOUR LOANS THE RIDE NEVER ENDS THE JEW LOANS WILL NOT LET YOU WALK FREE

>> No.55801871

>>55801201
well i mean millinials and xers and boomers all had to pay theirs back so why do zoomers think they are special?

>> No.55802235

>>55801219
>brown id

Checks out

>> No.55802250

>>55801201
Tax payers paid for my ivy league education + 36 months of my mortgage
>t. Gi bill chad

>> No.55802257
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55802257

>>55801871

>> No.55802290

>>55802257
>comparing paying back a loan to literal death
>implying the people also didn't willingly place themselves on the tracks knowing full well the risks of doing so

>> No.55802348
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55802348

>>55802257

>> No.55802353
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55802353

>i add the comment, now post the thread

>> No.55802397

But I haven't taken out any loans?

>> No.55802472

I did, it wasn't really that hard. Took 3.5 years. The hard part was getting the first job but after that it was mainly just about not getting fired and living frugally. Everyone I know who still has student loan debt has been stupidly paying the minimum this whole time and when payments were frozen for covid, they figured they didn't have to make payments at all even though they still had their job. Honestly all the talk from the government about cancelling the loans has made things worse because now people are not making payments because they think the whole thing will get wiped out, so why throw away money?

The better move would be to change the terms for student loans so that they CAN be discharged in bankruptcy, and the UNIVERSITY that they attended is on the hook for covering the loans. It would realign the incentives for universities to keep costs low and ensure every student will be able to find a job after graduating (and will be able to graduate instead of dropping out halfway with tons of debt and nothing to show for it).