Student Loan Debt Handling.
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Uploader Comments (starlitopensky1)
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@silogeorge if you have a cosigner then they have to pay it.
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@FutureCACPA Well, he's a mechanical engineer and lives in Michigan. He has mainly done that most of his working life. He seems to not be able to find another engineering job, but he has found work concerning a motel. It's better than nothing. NAFTA & WTO & lack of suitable tariffs on imports, & some other items have affected him in a bad way. And now I hear China is looking to buy Michigan, or atleast part of it. If they come here, they will be killed.
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The only people I have known with that kind of a limit qualify for the AMEX Centurion, AMEX Platinum, or Visa Black. You need at least a few hundred thousand in income and around 5 million in net assets. I aspire to have this card some day. The only people I personally know that carry this card are executives, medical doctors, cpa firm partners, and lawyers.
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So how is your friend doing now? The payment on 65k would be sufficient to purchase a house in some places.
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HA I know a guy that knew he was going to be broke after college so he maxed out credit cards to pay tuition instead of using student loans. A couple years after he filed for bankruptcy and it was all discharged!!! Fucking hilarious. Credit cards have a low level of bankruptcy protection.
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@waynedoyle1651 Thank you for posting this here. I hope that comments here will help people.
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Just leave the country if u cant pay and laugh at them
silogeorge 7 months ago
@silogeorge That'd be an option, but I recommend to have a big gun, in case the government tries to have debtor prisons.
starlitopensky1 7 months ago
STUDENTLOANSESCAPE . COM
StudentLoansEscape 8 months ago
@StudentLoansEscape Thanks for posting. Anything that will help people who have them is good. Also, anything that will discourage people from taking them and finding alternatives is good.
starlitopensky1 8 months ago