>le student debt is shit meme
Why do people think this? Student loans are the best loans you can get. Even IF you earn over 25k you only have to pay 10 pound per week. The amount you have to pay is so small it's ridiculous. People that say they don't go to uni because of debt are retards. You basically only have to pay pennies back.
Shut the fuck up you fucking retard
They don't even say this in the UK so again shut the fuck up you retard
>T. triggered wagecuck who stayed at home
lol, in the developed world yeah, but America isn't a developed nation.
in the US at least school loans can be massive. those that earn a decent income and can bring it down relatively quickly dont feel too burdened by it and may not feel as much stress as those who are struggling to find jobs or have low income jobs despite having a degree. im still in school and have no debt thanks to my dad who is a professor at the school but a lot of my older friends are struggling and i can see why they think its shit
People just make terrible financial decisions.
New cars that depreciate quickly, payday loans, expensive schools, credit card debt.
There is profit to be made if you are smart. Repo'd cars are sold cheap af at auction, payday loans keep the retards in debt and unable to seek better employment because no emergency fund, community college is cheap and transfer for more years for a decent program at a cheap state school is super affordable, in fact I kept my school loan to pay down a house because 1.5% interest lmao and finally I reap CC rewards all the time and then just pay them off end of month.
Trust me when I say life is better in general because people keep choosing the wrong path.
>high interest
>can't discharge through bankruptcy
>can easily top 25-50k in the US
>can fuck up your credit
>makes it hard for you to get loans
>make it harder to build wealth through real estate or investments
If you know what you're doing and have a very specific industry and career in mind or can get nepotism'd into a position they're probably fine, but remember the Occupy Wall Street faggots in 2011 who held placards "I'm 110,000 in debt from my degree in history" and that type of shit? There's a lot more of those people out there than you think
>"I'm 110,000 in debt from my degree in history"
Actually that history degree thing was just the wallstreet types and goverment seeding the crowd with people who are meant to descredit the movement.
Solution: Get 50k job then live with your parents or will many room mates paying everything. Use 30k each year towards the loan. Debt free in 4 years.
Student debt is for edgy retards who don't want to live with their parents because "it's not cool" and they fell for the moving out at 16 meme.
>Be me
>18 years old
>Have no marketable skills
>Work part time for $8.50 an hour
>Go to school using my paycheck, grants and loans.
>Graduate with bachelors in accounting
>Graduate with maybe 5k in loans
>Now make 41.6k per year instead of 8.50 per hour
>Loans are paid off
Worked out fine for me
>Tfw poorfag
>Tfw get 6k a semester from fafsa
Get fucked wagies
Hope you're working for a major firm. Because most of you guys are going to be replaced with a fucking smartphone app.
>41.6k per year
I hope you don't consider that to be "fine".
I work in industry and it's pretty chill.
Protip: I'm phone posting from work right now.
In my area which is relatively low COL it's fine.
It's also much better than the shit wage I was making beforehand.
I go to a community college but I worry I'll be in debt because I chose a bad career. Should I drop out or continue my carpenter certifacate program ?
OI M8 HAV YOU GOT A LOISENCE FOR THAT LOAN
>studying
>don't need loan but take around 20k of it
>just store it on my savings account
>graduate on time
>government pays 7k of the loan to bank
>pay the rest of the loan right after graduating
>make easy 7k
Feels good living in a first world country.
There will always be a need for carpenters. Or do you want to get some communications degree and be a social media manager?
>10 pound
Its different in America senpai.
>getting yourself into debt for a meme degree
They deserve everything they got coming to them
>b-but they don't have meme degrees
Every college degree in the year 2018 is a meme degree.
i agree that the system is shit and im glad you any many others made it out of the system to live a good life but like i said i understand the frustrations of my friends who fell for it because i love them
fuck off already
>25k loans undergrad
>decide to go to law school
>score 99th percentile on lsat
>go to prestigious law school
>150k in loans
>total debt 175k
>get high paying job on graduation
>paid off loans aggressively in five years
>now make almost 300k annually with no debt
student debt is only bad because people make terrible decisions. Of course taking out 100k in loans for a gender studies degree at a shit school is a bad idea
Depends on your country. Obviously people who treat it like proper 'debt' in the UK are complete retards