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SVTPerformance's Chain of Restaurants
Road Side Pub
Paying off debt
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<blockquote data-quote="nickf2005" data-source="post: 16506364" data-attributes="member: 136350"><p>Student loans are often, wrongly, overlooked. They are a blood sucking leach, and should be plucked as soon as possible. It absolutely amazes me when I hear people taking 10-15 years to pay them off. Zero collateral for them and you could royally screw yourself if you get behind. Especially if they were government loans.</p><p></p><p>We need to teach kids looking at college what student loans really mean and the responsibilities they come with. At 18, all I knew was mom and dad couldn't pay, and the government and Sallie Mae was willing to loan me money, so why not take it?</p><p></p><p>Luckily for me, I got a CoOp that helped pay some tuition, and I went to a cheaper school for the same degree Purdue was offering. Saved me over $40,000 for the 4 years. Still came out owing $30,000 though.</p><p></p><p>Wife went to Butler, hers was a bit more.... However, at least she had great income potential graduating there. How someone pays $40,000/year for an education degree is mind boggling. Teachers deserve the appreciation and probably a raise, but how do you justify that tuition for a $35-40k/year job? Mommy amd Daddy I suppose. </p><p></p><p>Sent from my SM-G975U using the <a href="http://r.tapatalk.com/byo?rid=92568" target="_blank">svtperformance.com mobile app</a></p></blockquote><p></p>
[QUOTE="nickf2005, post: 16506364, member: 136350"] Student loans are often, wrongly, overlooked. They are a blood sucking leach, and should be plucked as soon as possible. It absolutely amazes me when I hear people taking 10-15 years to pay them off. Zero collateral for them and you could royally screw yourself if you get behind. Especially if they were government loans. We need to teach kids looking at college what student loans really mean and the responsibilities they come with. At 18, all I knew was mom and dad couldn't pay, and the government and Sallie Mae was willing to loan me money, so why not take it? Luckily for me, I got a CoOp that helped pay some tuition, and I went to a cheaper school for the same degree Purdue was offering. Saved me over $40,000 for the 4 years. Still came out owing $30,000 though. Wife went to Butler, hers was a bit more.... However, at least she had great income potential graduating there. How someone pays $40,000/year for an education degree is mind boggling. Teachers deserve the appreciation and probably a raise, but how do you justify that tuition for a $35-40k/year job? Mommy amd Daddy I suppose. Sent from my SM-G975U using the [URL=http://r.tapatalk.com/byo?rid=92568]svtperformance.com mobile app[/URL] [/QUOTE]
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SVTPerformance's Chain of Restaurants
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Paying off debt
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