People can run up credit card debt and it can be discharged in bankruptcy
Same with almost all other types of debt
But not student loans where a person might have had to go in debt to get an education to better themselves or to get a degree for a career
I don't pay anyway but was just thinking how unfair it was after another letter today from collections
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Results 1 to 26 of 26
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10-24-2020, 09:39 PM #1Registered User
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How unfair is it that student loan debt can't be discharged in bankcruptcy?
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10-24-2020, 09:45 PM #2Registered User
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It should definitely be dischargeable so loan officers are more hesitant to loan money to idiots like you
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10-24-2020, 09:47 PM #3Registered User
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because everyone would take 200k in loans and file bankruptcy the second they graduate
get ready your wages gonna start getting garnished soon lol
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10-24-2020, 09:50 PM #4rapscallion
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in on gmiscer thread. forgiveness is stupid, but 6+% interest is ridiculous, should be capped at 3%
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10-24-2020, 09:56 PM #5Registered User
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Lmao wow that’s crazy to think about. I bet that’s intentional and a feature. Makes students slaves to society and ultimately broke for life lol
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10-24-2020, 09:59 PM #6Make The Misc Great Again
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it is forgiven in 20 years if you regurally make payments. did you know if you do not work you can defer payments and it counts as a payment to count towards it be forgiven. So basically if you are a stupid sloot he goes to school for something retarded and marry some poor chap who pays for all your **** in 20 years you get to have your student loans forgiven despite never making a single payment. the most oxymoron thing is though if you make a "livable wage" you have to make payments. ain't that some ****?
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10-24-2020, 10:02 PM #7Still Alive
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Because of Accounting.
Also you agreed to the terms of your debt boyo. Gotta pay it off, doesn’t matter if you were 18 and made your parents co-sign your bullchit Forest Management degree from a private University.
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10-24-2020, 10:03 PM #8It's over for you
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Graduates are too smart to be bankrupts, OP
They are mostly Tier 2’s after all"The manlet is a savage beast that knows no moral bound. After falling in disgrace to a manmore, a ravaged manlet would not hesitate to come from behind and land a sucker punch/ swing with a rock to the back of a manmore's head. They are ruthless and you need to spend some more time in the gutter to even begin trying to comprehend what goes on in their minds."
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10-24-2020, 10:07 PM #9
i havent had sex in 2 months :/
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10-24-2020, 10:39 PM #10Registered User
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Wow your sounding like a commie socialist libtard cuck. Am I doing it right Trump Misc?
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10-24-2020, 10:51 PM #11Registered User
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College is cheap as **** in America. People bitching about student loans they voluntarily took on is pathetic. Pay your ****ing debts losers. You will never match the return on investment of s good college degree.
I took on 35k for my ARNP and pay $1200 a month with no issue. Wife took on 175k for PharmD and has like 8k left
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10-24-2020, 11:10 PM #12The Blackpill Prophet
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I did 3 years at community college. Then i transferred to university to finish upper division to get my degree in mathematics with a minor in accounting. And I lived at home with my parents and commuted to school on my old beat up Suzuki GS500 motorcycle.
Only a fool goes directly to university and lives in dorms to "get the college experience"...
Reality check: the "college experience" of having care-free sex and wild parties is hollywood fiction.
If you took out $40k in loans to get a Gender Studies degree..... Well.....Last edited by N0stradamus; 10-24-2020 at 11:18 PM.
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10-24-2020, 11:12 PM #136'2" 227
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Seems pretty fair since it's backed by taxpayers. I definitely wouldn't lend to a student without being able to collect until the day that student dies.
Since the govt doesn't consult me before lending my money I back this system 100%
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10-24-2020, 11:12 PM #14Serenity Now!
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My sister got 5500 a month plus got bailed out of sf college. Pathetic
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10-24-2020, 11:14 PM #15Rookie of the year
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Student loans are stupid! If you aren't getting a free ride why the hell are you in school anyway?
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10-24-2020, 11:39 PM #16Hawaiian shirt hoarder
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What kind of credit does your average 18 year old slapdick have, and what collateral could he put up? The non-dischargeability is the only protection the lender gets.
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10-24-2020, 11:41 PM #17Registered User
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LMFAO at cheap in america. This entire system is built for profit and should be revamped.Originally Posted by Harry362
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10-24-2020, 11:41 PM #18Registered User
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i know this is a gmiscer thread but i like the idea that there is some sort of "punishment" for wasting taxpayer dollars and helps to actively discourage liberals arts majors who do nothing but make the world worse
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10-25-2020, 12:11 AM #19Registered User
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Because most average paying jobs require a degree, 5 years experience, and 7 references that aren't relatedOriginally Posted by OaklandCali
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10-25-2020, 12:14 AM #20The Blackpill Prophet
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I honestly can't understand how any man can rationalize taking out a $40K loan to get a Gender Studies or Liberal Arts degree...... like seriously, how.....?????....
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10-25-2020, 01:23 AM #21Registered User
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Most student loans taken are for living expenses. 4 years at a state college in Fl costs $21k...pretty damn reaonabale. If you wants one expensive liberal arts bull**** college then it’s your own choice.Originally Posted by Kawhilights
If you want to do Comm college for first 2 years then it’s even cheaper
I remember when kids got their loan disbursements at UCF they would buy kegs and oz of chronic with it
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10-25-2020, 02:00 AM #22Registered User
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Originally Posted by TugOfPeace
Does this really work?
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10-25-2020, 02:14 AM #23PhotoChopin' That Angus
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Another brah already beat me to it.
1.) Use cash advances from credit cards to transfer the debt. Make like 6-7 months worth of payments, then file bankruptcy. *poof* debts gone. Then use low-limit department store credit cards to rebuild your credit in 1-2 years.
2.) Refinance all federal loan debt to "private loans". The statute of limitations is ~4 or so years on private student loans. Go off grid, then when the statue of limitations for collection is over.... just resume your life as per normal. Why do you think the term "sabbatical" is so popular in Higher Education? You really think mf'ers are dipping out the country for a couple years to "find themselves?".... lol they dipping out to run out the clock on the collection of their debt.
LOL @ thinking any type of debt can't be erased. This fact most college kids think they are trapped is reason enough to know they aren't going to make it in the world. LOL @ taking debt seriously... do you think any corporation or millionaire does? Absolutely lolLast edited by OutdoorsBrah; 10-25-2020 at 02:19 AM.
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10-25-2020, 02:58 AM #24Registered User
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Because you were guaranteed a loan with no collateral. Pay up and lay down.
6 feet and 1 inch, 216 pounds
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11-12-2020, 10:23 PM #25
That's true, corporations and millionaires know how to do it, and students should follow this practice. Anyway, when you take a loan, it will be useful to read more information about its conditions. The site https://smslansnabb.se/opr-feretagslan-logga-in will be helpful, as they offer nice overviews of different loan providers, and you can choose the best one for you.
Last edited by BadLee; 11-18-2020 at 05:50 AM.
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11-12-2020, 10:30 PM #265'3" 300lbs Fudge Rounds
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I think it's BS especially with the high interest rates. I think it should at least be made where the interest rate can be lowered. Especially considering that they brainwash people at a young age and then "sign here or be a loser the rest of your life". I don't have any student loans nor do I support "forgiveness" where the tax payer picks it up. I just think it should be fair.
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