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In Debt... BAD

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Old Jan 8, 2007 | 01:50 PM
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d0 Luck's Avatar
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Unhappy In Debt... BAD

Soo... I think I'm going to be in debt with around $90,000 +/- due to loans with Loyola and that's excluding the LAW/MBA grad degree . Whatever happened with financial aid to poor people. I'm already at $20,000 debt


Anyone got subsidized (no interest or 1-2% interest rate) loans, please holla at me; student loans. I heard Citibank is good though..

Just thought I'd share my sadness with you fellas since I know you all care...

Please help me. I'm even willing to take penny donations
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Old Jan 8, 2007 | 01:52 PM
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Join the air force (the lil boys department of the DOD). spend a few years for a GI bill.
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Old Jan 8, 2007 | 01:54 PM
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sell me the hooptie
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Old Jan 8, 2007 | 01:58 PM
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jeeze, you better hope you get some cases defending OJ in the near future to pay that off..

when did it seem like a good idea to take out a loan for that much with no way to pay it off til several years after school?
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Old Jan 8, 2007 | 01:58 PM
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I consolidated my debt through salliemae. But then again, I was only like 40k in debt... and interest rates were crazy low when I consolidated. Doesn't matter since it's all paid off now. woot!
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Old Jan 8, 2007 | 02:18 PM
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Talking

Originally Posted by d0 Luck
Soo... I think I'm going to be in debt with around $90,000 +/- due to loans with Loyola and that's excluding the LAW/MBA grad degree . Whatever happened with financial aid to poor people. I'm already at $20,000 debt


Anyone got subsidized (no interest or 1-2% interest rate) loans, please holla at me; student loans. I heard Citibank is good though..

Just thought I'd share my sadness with you fellas since I know you all care...

Please help me. I'm even willing to take penny donations
Time to SELL that body 'bro...j/k

...you really can't do anything but pay it off...

Still paying for a $30k loan through Sallie Mae...almost done with private loans through Edfund...

Just got to find a better paying job...income tax-they take, so screw that sh*t...

...good luck 'bro...
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Old Jan 8, 2007 | 02:33 PM
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join the army. they have a thing called loan repayment program that will pay off $60k of your student loans. that one of the reasons why i joined.
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Old Jan 8, 2007 | 02:57 PM
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Are these student loans? You should not have to start paying htem till you graduate.
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Old Jan 8, 2007 | 03:44 PM
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Or work for a company that encourage or pay for job related courses. Thats what Im doing. I havent decided if I will be going to USC for master program.
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Old Jan 8, 2007 | 03:45 PM
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Stay away from Citibank, they're a bunch of hoodlums. They treat their customers very poorly. All their customer service wants to do is say no and get customers off the phone.

don't feel bad, my buddy just got his phd in pharmacy (PharmD) @ USC. That plus all his other BS/Masters/Card debt = $250,000.00 debt!!!!!!!!!!!!!!!!!!!!!!!!
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Old Jan 8, 2007 | 04:09 PM
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Originally Posted by wackyracer
Or work for a company that encourage or pay for job related courses. Thats what Im doing. I havent decided if I will be going to USC for master program.

You have to be able to count to 10 first!
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Old Jan 8, 2007 | 04:14 PM
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^don't forget citizenship^
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Old Jan 8, 2007 | 04:21 PM
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fake your own death.
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Old Jan 8, 2007 | 04:21 PM
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I feel your pain...been paying mine for the last 3 years and feel like I didnt get anywhere.

Im about 35k left to go.
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Old Jan 8, 2007 | 04:40 PM
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I gave them fake social security card and tax return.
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Old Jan 8, 2007 | 05:46 PM
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Stop wasting you time with all the silly rims and get a real job with your time!!!!!!!!!
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Old Jan 8, 2007 | 05:51 PM
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Originally Posted by socalrotor
Stop wasting you time with all the silly rims and get a real job with your time!!!!!!!!!

lol x1,000
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Old Jan 8, 2007 | 06:02 PM
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Hey,

I'm a director at major student loan company in San Diego. I've seen people with 400k+ in student loans, so don't feel too bad!

I recommend staying with Federal loans like Staffords and the new Grad PLUS. Definitely look into those. If you have to, take out private loans too, which will not be certified by the school and the funds are sent directly to you. These have higher rates and fees, but you won't have to pay until 6 months after graduation still.

Make sure you file your FAFSA each year, that's pretty much the only way you can qualify for free aid.

The lender you choose has nothing to do with whether you get subsidized or unsubsidized loans. The DOE does that.

You'll make the money back in the end! It's a big investment but you'll leverage a lot of income from it. If you flunk out, yer screwed, 'cause you can't put student loans into a bankruptcy, so good luck!
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Old Jan 8, 2007 | 06:59 PM
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oh damn...i was just gonna say bankrupcy
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Old Jan 8, 2007 | 07:07 PM
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Originally Posted by cool_as_crap
oh damn...i was just gonna say bankrupcy
Yeah **** it, make the rest of us pay for his dumb *** choices, reminds me of welfare!!!!
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Old Jan 8, 2007 | 09:11 PM
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you went for a law degree and your business degree at the same time ? that's probably your problem right there.

i know you don't have time to do both and sell car parts.
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Old Jan 8, 2007 | 09:43 PM
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Originally Posted by socalrotor
Yeah **** it, make the rest of us pay for his dumb *** choices, reminds me of welfare!!!!

That reminds me of an old bumper sticker.

"No worries, there is always welfare."
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Old Jan 8, 2007 | 10:00 PM
  #23  
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They have rim refurbishing 101 at LMU. A 4 unit class.
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Old Jan 8, 2007 | 10:03 PM
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I feel your pain. I owe so much and Im making crap right now.
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Old Jan 8, 2007 | 11:22 PM
  #25  
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Become a used car salesman like J_J; an improvement over used rims salesman.
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