tag:blogger.com,1999:blog-3481083477379506990.post6717748640398076059..comments2023-10-30T05:28:11.795-04:00Comments on All Education Matters: Alone And Invisible? Life As A DefaulterCryn Johannsenhttp://www.blogger.com/profile/08452412213997621242noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3481083477379506990.post-14495822798049441992011-06-09T01:00:02.919-04:002011-06-09T01:00:02.919-04:00I am on the verge of defaulting. but when I can...I am on the verge of defaulting. but when I can't pay my rent or utilities student loans will have to wait.Brian J. O'Malleyhttps://www.blogger.com/profile/14396610640911881128noreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-90498734759806286852011-04-12T09:26:43.530-04:002011-04-12T09:26:43.530-04:00I haven't defaulted, but I'm fighting with...I haven't defaulted, but I'm fighting with one of my loan companies about a big mistake they made in their favor. It's awful - every time I say, "You need to fix this," the obviously trained call center employee starts lecturing me about paying my debts and pressuring me to just accept the mistake and pay them.<br /><br />There's a big difference between paying what I borrowed and funding the bank's screw ups. So I have zero guilt, but I can't imagine how awful they must be to people who really can't pay their loans. (Not to mention the 23% default penalties and other fees)<br /><br />The worst part, to me, is how insistent the banks were on having a co-signer when I signed up for the loans, even though the government backs most of the loans. (I refused). It's like the banks knew they were going to trap people by going after their parents and loved ones for predatory interest and other bank screw ups.Lizhttps://www.blogger.com/profile/11765709902686717379noreply@blogger.comtag:blogger.com,1999:blog-3481083477379506990.post-32160466669597584282011-04-08T20:01:48.550-04:002011-04-08T20:01:48.550-04:00This is a great Post.
Sometimes I just lapse int...This is a great Post. <br /><br />Sometimes I just lapse into periods of blaming myself as if I gambled the money at a Casino, or invested in a bad stock.<br /><br />Then I'll read something like this Post and have to remind myself that I am in such deep and hopeless debt because of a Higher Education.<br /><br />I won't curse, but I will say that the whole scenario all seems really, really, seriously messed up. <br /><br />And 1 Trillion Bucks is no joke--as in--we are headed for another Great Depression and even greater Political upheaval in its wake? It has happened before, why not again? Even Glenn Beck recommended that people hoard their own food stockpiles in case of such a panic lasting maybe a few weeks or more, where all of the food will be sold out.<br /><br />I bet all the bankers are buying up gold, and making plans to flee the US when that happens.Anonymousnoreply@blogger.com