25 years old and deep in debt

[garbon]

The women can do porn, but what can the men do? Useless bums.

Actually those bums are pretty useful.

[Berkut]

What's the end game for those folk? Problem isn't going to get easier for them if they keep piling on debt.

Agreed.  But back in the day I ran into several who deferred their payments by continuing with studies.  I assume the phenomenon continues.  The justification was that if they could get more creditentials and stay in school until the economy improved all would be well.

This is nothing new though - I knew people back in college who were basically professional students. Hell, they pretty much could not stop going to school, because there was no way they would be able to pay back their loans.

And they always inevitably were taking relatively useless classes as well.

[garbon]

What's the end game for those folk? Problem isn't going to get easier for them if they keep piling on debt.

Agreed.  But back in the day I ran into several who deferred their payments by continuing with studies.  I assume the phenomenon continues.  The justification was that if they could get more creditentials and stay in school until the economy improved all would be well.

This is nothing new though - I knew people back in college who were basically professional students. Hell, they pretty much could not stop going to school, because there was no way they would be able to pay back their loans.

And they always inevitably were taking relatively useless classes as well.

Actually I think CC was saying it wasn't something new and that he thinks it continues on till today. So you've basically both agreed with one another.

[Berkut]

What's the end game for those folk? Problem isn't going to get easier for them if they keep piling on debt.

Agreed.  But back in the day I ran into several who deferred their payments by continuing with studies.  I assume the phenomenon continues.  The justification was that if they could get more creditentials and stay in school until the economy improved all would be well.

This is nothing new though - I knew people back in college who were basically professional students. Hell, they pretty much could not stop going to school, because there was no way they would be able to pay back their loans.

And they always inevitably were taking relatively useless classes as well.

Actually I think CC was saying it wasn't something new and that he thinks it continues on till today. So you've basically both agreed with one another.

Jesus H. Christ, and you had to quote me so I cannot even delete my post!

[Fate]

The uncounted 44% of student-borrowers may also be unsettling. Many have found ways---for now---to defer payment on student loans for years while interest continues to accrue... They are not included in the statistics.

Yeah, I wonder how many of those have simply continued to be in school to finish their second, third etc degree.  If that is a large percentage then a lot of them will be in the 100k+ range.

Or just be an average student in professional school for law/medicine/pharmacy/etc... 100k is low. I think the average after 4 years is somewhere around 160k, and going up.

[crazy canuck]

The uncounted 44% of student-borrowers may also be unsettling. Many have found ways---for now---to defer payment on student loans for years while interest continues to accrue... They are not included in the statistics.

Yeah, I wonder how many of those have simply continued to be in school to finish their second, third etc degree.  If that is a large percentage then a lot of them will be in the 100k+ range.

Or just be an average student in professional school for law/medicine/pharmacy/etc... 100k is low. I think the average after 4 years is somewhere around 160k, and going up.

Yeah, obviously people who require mulitiple steps to get where they are going are different.  I have in mind the people that are digging a bigger pit simply because they cannot afford to get out.

[Malthus]

The uncounted 44% of student-borrowers may also be unsettling. Many have found ways---for now---to defer payment on student loans for years while interest continues to accrue... They are not included in the statistics.

Yeah, I wonder how many of those have simply continued to be in school to finish their second, third etc degree.  If that is a large percentage then a lot of them will be in the 100k+ range.

Or just be an average student in professional school for law/medicine/pharmacy/etc... 100k is low. I think the average after 4 years is somewhere around 160k, and going up.

Yeah, obviously people who require mulitiple steps to get where they are going are different.  I have in mind the people that are digging a bigger pit simply because they cannot afford to get out.

My take on professional students: they are digging a hole in which they intend to live (until forcefully evicted).

[garbon]

Jesus H. Christ, and you had to quote me so I cannot even delete my post!

[Berkut]

My take on professional students: they are digging a hole in which they intend to live (until forcefully evicted).

Yep - there is almost this point where they just become fatalistic. After all, what is the difference in defaulting on a $75k loan and a $200k loan?

Hell, you reach a point where you might as well just enjoy the ride for as long as you can...

[Ideologue]

The uncounted 44% of student-borrowers may also be unsettling. Many have found ways---for now---to defer payment on student loans for years while interest continues to accrue... They are not included in the statistics.

Yeah, I wonder how many of those have simply continued to be in school to finish their second, third etc degree.  If that is a large percentage then a lot of them will be in the 100k+ range.

What's the end game for those folk? Problem isn't going to get easier for them if they keep piling on debt.

Wrong.  It remains exactly as easy.

[garbon]

The uncounted 44% of student-borrowers may also be unsettling. Many have found ways---for now---to defer payment on student loans for years while interest continues to accrue... They are not included in the statistics.

Yeah, I wonder how many of those have simply continued to be in school to finish their second, third etc degree.  If that is a large percentage then a lot of them will be in the 100k+ range.

What's the end game for those folk? Problem isn't going to get easier for them if they keep piling on debt.

Wrong.

What die young and escape it all?

[Ideologue]

IBR.

[Phillip V]

My hometown friend has been unemployed since graduating two years ago; complains to me that his girlfriend of 5 months nags him to get a job. His previous girlfriend had dumped him because he was jobless.

[CountDeMoney]

She sounds more fucked up that he does.  What kind of useless whore dates somebody without a job? 

[Phillip V]

She sounds more fucked up that he does.  What kind of useless whore dates somebody without a job? 

Yah, it goes both way.

I advise unemployed males to focus on personal and professional development instead of chasing skirts.

I advise employed females to not date deadbeats and jerks.

Nobody listens.

And what incentive is there to improve? His middle class parents house him and pay for everything while he still gets laid, gamble, and play video games.