[quote=scaredyclassic][quote=Coronita]So there you go scardey…
(You’re welcome…)
I’m really disappointed she disconnected before I had a chance to send her the link to this thread. Damnit!
I know, I know… Such an ahole FLU thing to do…
But someone’s got to do it![/quote]
thanks
this is probably illegal for everyone but Sallie Mae to do.
I hate student loans. hate them with a seething passion. I recently paid mine off after 25 years. that includes a few very shaky bad years toward the beginning of the loan period. I mean, being a responsible fellow, it actually took a toll on my health.
But i didnt want to let my prejudice stand in the way of a screaming deal, if that’s what this was.
my hatred continues to burn unabated. motherfuckers! if there were a way to riot and loot against student loans, i might. but it’s like railing against capitalism, or the sun. it’s justa fixture of reality.
curse you, sun, we need more moon![/quote]
You know….After just painfully enduring a 20 minute conversation with this legalized gangster of an organization Sallie Mae, of which I really want my 20 minutes of my life back… I have to say. Now I understand why there’s so many people demanding financial reform for student loans.
This really is bad. I mean, if they want to try to pull this shit off to someone like me, who although I’m not the most financially smart, but at least financially competent, I can imagine how the majority of people in this country who are financially illiterate would get screwed over by a student loan. I mean, in so many ways, this is 10x worse than trying to get a used car loan or the interest rate terms of a credit card, because at least you can get a document that describes exactly how you’re going to get screwed over for those two types of loans.
Add me to the camp of people who hate student loans (even though I never got one).
Really really fucked up.
If you really want your kid to pay his/her own way, maybe the way to do it is to cash out refinance a property at the current 2.5%-3%, and then loan the money to your kid, where he/she can make payments. At least then, you know the kid gets a fair loan rate.
