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leftofcool

(19,460 posts)

32. I don't find that statement unempathetic

Tue Feb 12, 2019, 04:44 PM

Feb 2019

If you borrow money from the bank/credit union/car company, you have to pay it back period. a 100K student loan debt can be refinanced for 30 years just like a house which keeps the payments down to a reasonable level. The best way to afford college these days is to live at home, start at a community college, get a pell grant to help with costs and work part time to help yourself. If it takes you 8 years to get a 4 year degree then so be it. When you get done, you will have accomplished something and be debt free.

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A record 7 million Americans are 3 months behind on their car payments, a red flag for the economy [View all] Eugene Feb 2019 OP

Like I keep saying it's all smoke and mirrors BS on all this hiring........ Bengus81 Feb 2019 #1

+1 area51 Feb 2019 #2

New home building may be stagnant where you are, but not nationally. FBaggins Feb 2019 #30

Yeah....apartment complex's. Single family home starts are stagnant.......... Bengus81 Feb 2019 #39

Nope FBaggins Feb 2019 #40

LOL...it says as much in the article but whatever........ Bengus81 Feb 2019 #56

Confirmation bias FBaggins Feb 2019 #59

The cost is the issue. I don't know where gldstwmn Feb 2019 #43

Easy enough to demonstrate FBaggins Feb 2019 #48

One of the results of Trump's temper tantrum gov shutdown and going without paychecks onit2day Feb 2019 #35

K & R More here bronxiteforever Feb 2019 #3

who knew borrowed money had to be paid back lol nt msongs Feb 2019 #8

Sorry but that's kind of an unempathetic comment! robbob Feb 2019 #20

I don't find that statement unempathetic leftofcool Feb 2019 #32

Some of the issue is that some degrees just don't get you anywhere without postgrad work. moriah Feb 2019 #36

Yea, right. gtar100 Feb 2019 #25

Go to a community college instead of racking up loans at an expensive school. leftofcool Feb 2019 #33

Sure. That's not the answer for everyone. And it really misses the point. gtar100 Feb 2019 #50

Who knew when somebody bought a car, they might end up living in it FakeNoose Feb 2019 #27

who knew young people would expect jobs after spending that money on an education TeamPooka Feb 2019 #28

But, they didn't spend their own money on that education leftofcool Feb 2019 #34

As long as you have an answer for everything they'll be okay, right? TeamPooka Feb 2019 #37

You do realize... Juneboarder Feb 2019 #57

How old are you nt bronxiteforever Feb 2019 #41

Oh, so you personally know the circumstances in each case . . . hatrack Feb 2019 #46

Who argues it's not? LanternWaste Feb 2019 #54

Millions have been kicked off of health insurance . . . . Iliyah Feb 2019 #4

I am working, Delphinus Feb 2019 #13

Prescription drug costs are also an issue. n/t gldstwmn Feb 2019 #44

employed doesn't always equate to a living wage. nt Javaman Feb 2019 #5

But republicans can afford to squander our tax money on luxury golf for Dirty Donny* Achilleaze Feb 2019 #6

It's because of stagnant wages Dopers_Greed Feb 2019 #7

Yeah but, the stock market is booming today. watoos Feb 2019 #9

"not all Americans have benefited from the strong labor market," BumRushDaShow Feb 2019 #10

+1000 smirkymonkey Feb 2019 #58

SUV & truck sales passed car sales for the first time last year Recursion Feb 2019 #11

And in the process customerserviceguy Feb 2019 #16

And killing jobs in US car plants Recursion Feb 2019 #21

That may be the case but the the fault also lies with the banks giving them the money. gldstwmn Feb 2019 #45

Wait until they realize their tax returns will be small or non-existent. BigmanPigman Feb 2019 #12

I was just about to say that! SunSeeker Feb 2019 #24

Trump's economy is a steaming pile of BS IronLionZion Feb 2019 #14

I wonder customerserviceguy Feb 2019 #15

I didn't think. cannabis_flower Feb 2019 #17

Back in the day, depending upon the borrower's attitude, melm00se Feb 2019 #18

I've worked with working people with good wages who've gotten in trouble. Texin Feb 2019 #19

And now with this "make the rich fat" tax setup in full swing, C Moon Feb 2019 #22

K & R for exposure. SunSeeker Feb 2019 #23

The good economy that Obama left behind is being destroyed by republicans Perseus Feb 2019 #26

Don't Worry. Trump Will Announce That Unemployment Is Now -2.0% TomCADem Feb 2019 #29

This is a truly ugly number, Wellstone ruled Feb 2019 #31

Lots of people buying big, expensive trucks and SUV's NickB79 Feb 2019 #38

We shouldn't have to choose between a house, a car gldstwmn Feb 2019 #42

"Despite the strong economy...", "strong economy but..." Hmm, makes one wonder. ck4829 Feb 2019 #47

I always thought the Repo came quick, I'm shocked you can miss three months. sarcasmo Feb 2019 #49

Repo man has lots of new gadgets.... Historic NY Feb 2019 #51

Every repo is a loss all around. Mopar151 Feb 2019 #52

And how many of us are behind... a la izquierda Feb 2019 #53

I remember when 48 months was the maximum length of car payments GatoGordo Feb 2019 #55

A forner CFPB top staffer DeminPennswoods Feb 2019 #60