[quote=sdrealtor]Exactly and that cost can be very high. I just remebered that I actually did a short sale for a doctor. He was a Navy flight surgeon with no school debt working at Balboa. He bought a house with an incredible view in South Park. He put 10% down, spent about $50K of his own money fixing it up the and then got sent over seas for the next 3 to 5 years where his kids will grow up away from their cousins and grandparents. He couldnt stay even though he loved the house because the military sent him overseas. He didnt qualify for HAP program and had to do a short sale. Had he paid for his own schooling his income would be a couple hundred K higher than it is, he could have stayed in a house he loved, his kids would be growing up around family instead of strangers in a foreign country and his wife cant work there either (she is a highly skilled medical progfessional but not in the military) so they will struggle to pay her school debt also. Just another case where your join the military, see the world, get a free education put someone in a much worse way than if they had just aken out some loans and done it the other way.
FYI my friend was on the cover of Newsweek not Time magazine and here is a link to a picture of him. His face is probably burned in the minds of many of you.
Wow, that’s pretty cool that he became an MD. I’m guessing he wasn’t one during the first gulf war. He was certainly lucky to get out of that scrape in one piece. Relocation is definitely something that goes with his job though, for better or worse. Hopefully they will enjoy their experience overseas.
