General Discussion

ecstatic

(35,046 posts)

36. I must be missing something

Wed Aug 5, 2015, 07:30 PM

Aug 2015

At least as far as federal student loans are concerned. When I graduated, I owed about $20-24k. Over the years, I've been able to suspend payment whenever I wanted, without ever having to provide proof of hardship. Now I just pay the minimum through auto pay every month--approx. $70 or so. I've had zero problems buying a house and getting cars. On the other hand, if I took the approach of paying my student loan off ASAP, my quality of life probably would be affected. For now, however, I'll just pay the $70/month, possibly for the rest of my life, but I'm ok with that. Lol. I like to be comfortable and that involves revolving credit and keeping money in my pocket. I save as well, so I'm not completely irresponsible.

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This is why millennials will never grow up [View all] marmar Aug 2015 OP

The boomer generation has acquiesced to the screwage of their kids. Warren Stupidity Aug 2015 #1

You left out the Grrrrreatest Generation there BeyondGeography Aug 2015 #3

Well our parents ending up screwing their grandchildren. Warren Stupidity Aug 2015 #13

Thank you marions ghost Aug 2015 #18

Because 2 of 20 years would make a massive difference. (nt) jeff47 Aug 2015 #24

Boomers didn't give us Reagan n/t BeyondGeography Aug 2015 #31

90% of boomers were old enough to vote in 1980. (nt) jeff47 Aug 2015 #35

Carter ran even with voters aged 30 or less BeyondGeography Aug 2015 #41

And running even wasn't good enough to keep Reagan out. jeff47 Aug 2015 #42

The numbers suggest otherwise BeyondGeography Aug 2015 #43

Says the guy quoting statistics showing Reagan losing by 1, tied or winning by 17. jeff47 Aug 2015 #44

So much condescension mixed with outright fail BeyondGeography Aug 2015 #45

You skipped a generation. There WAS one between Boomers and Greatest. virgogal Aug 2015 #30

My father was born in '37 BeyondGeography Aug 2015 #32

Not Sure How To Fit This ProfessorGAC Aug 2015 #58

That's a toughie BeyondGeography Aug 2015 #59

Both of My Parents Are Dead ProfessorGAC Aug 2015 #60

My mom was a moderate Republican. Until Reagan. hifiguy Aug 2015 #68

Sure, but without a major shift in boomer voting from 72 -80 reagan doesn't get elected. Warren Stupidity Aug 2015 #66

No Doubt ProfessorGAC Aug 2015 #79

Your parents would be considered part of the 'Silent Generation'. PotatoChip Aug 2015 #84

That's Great ProfessorGAC Aug 2015 #85

Exactly. Nt abelenkpe Aug 2015 #76

I don't think we acquiesced to it, we encouraged it. lumberjack_jeff Aug 2015 #4

And we allow the pols to sell us the 'free tax breaks' fantasy n2doc Aug 2015 #5

hey we got ours fuck everyone else, amirite? Warren Stupidity Aug 2015 #10

That does seem to be the pattern n/t n2doc Aug 2015 #14

It helped that when costs were affordable very few went yeoman6987 Aug 2015 #29

No. The high cost of college is the result of easy credit and careerist administrators. AngryAmish Aug 2015 #81

I disagree. Those things didn't help, but the big driver is the loss of inexpensive state schools n2doc Aug 2015 #82

I was being generous 'cause when I just outright declare us a generation of assholes Warren Stupidity Aug 2015 #9

You're only half a generation of assholes. jeff47 Aug 2015 #25

Just making this stuff up or is there a rationale to your thinking? RadiationTherapy Aug 2015 #70

Well, here's a summary in convenient picture format from Pew. jeff47 Aug 2015 #71

Thanks! RadiationTherapy Aug 2015 #78

agreed Skittles Aug 2015 #34

We Need A 2016 Candidate To Back Student Loan Forgiveness Or..... global1 Aug 2015 #2

Dream on... marions ghost Aug 2015 #19

IIRC, he's also for student loan refinancing. jeff47 Aug 2015 #26

Obscene student loan debt is just a part of hifiguy Aug 2015 #69

Why forgive only a debt that affects mainly middle class people, while ignoring debt gollygee Aug 2015 #83

And then there are those of us mid-range boomers 2naSalit Aug 2015 #6

Yes marions ghost Aug 2015 #20

"Ensuring an economic underclass and a nation of gleaners." Bohunk68 Aug 2015 #49

Thanx marions ghost Aug 2015 #61

GenX tried to get people to pay attention to that. jeff47 Aug 2015 #27

It was aready too late by then 2naSalit Aug 2015 #47

No one generation is to blame and no one generation can fix it marions ghost Aug 2015 #62

Our fearless leaders need to make up their minds phantom power Aug 2015 #7

Our fearless leaders grab onto any statement they can as most are riding along by the seat of their RKP5637 Aug 2015 #53

If not for my DWs student loans we'd by a boat. ileus Aug 2015 #8

Post removed Post removed Aug 2015 #11

Student loans are not the problem, atrocious tuition fees and costs are the real problem seveneyes Aug 2015 #12

easy access to student loans is what enabled tuition and fees to spiral out of sight magical thyme Aug 2015 #21

Yeah 1939 Aug 2015 #51

As if faculty pay were the biggest component jberryhill Aug 2015 #52

Back in my college days (57-61) 1939 Aug 2015 #55

That's not how it works now jberryhill Aug 2015 #56

There you go ... Cosmocat Aug 2015 #80

"Thats what they get for majoring in theater!1!!" Etc. Etc. Oneironaut Aug 2015 #15

Right, because banks and financial institutions NEVER lay people off . . .. . HughBeaumont Aug 2015 #50

I know the OP didn't write the headline, kiva Aug 2015 #16

they didn't equate home ownership with growing up. It's one of many milestones... magical thyme Aug 2015 #22

I disagree with all three. kiva Aug 2015 #38

well I never married and don't have kids either. I bought a condo at 32; replaced it with magical thyme Aug 2015 #39

I understand I'm not the norm, kiva Aug 2015 #40

+1 PasadenaTrudy Aug 2015 #23

Hey Pasedena Trudy, in reference to your reply to another post of mine, I smirkymonkey Aug 2015 #37

Wow! PasadenaTrudy Aug 2015 #46

This is very bad news for future voter turnout. KamaAina Aug 2015 #17

Well, yeah. Why do you think turnout is so abysmal among GenX/Millennials? jeff47 Aug 2015 #28

If the residential construction industry is raising hell about this, I sure don't ever hear about it steve2470 Aug 2015 #33

I must be missing something ecstatic Aug 2015 #36

Many of us have not been able 2naSalit Aug 2015 #48

Thanks for sharing your experience. Are you ecstatic Aug 2015 #67

Perhaps... 2naSalit Aug 2015 #74

Interesting. I saw a lot of information about it back when I was looking into it ecstatic Aug 2015 #75

Thanks... 2naSalit Aug 2015 #77

Out of curiosity, how much does it cost to learn how to weld? A HERETIC I AM Aug 2015 #54

The article refers "millenials" as if the only ones which count go to college jberryhill Aug 2015 #57

Our grandson was just accepted into the Pipefitters' apprentice program shrike Aug 2015 #63

Good for him! A HERETIC I AM Aug 2015 #64

Thank you. He worked very hard for this. We're proud of him. n/t shrike Aug 2015 #72

My 26 year old has been in the Ironworkers Union Go Vols Aug 2015 #65

Tell your son I said to keep up the good work. n/t shrike Aug 2015 #73