Serowbot wrote on 06/14/19 at 08:00:41:T And T Garage wrote on 06/14/19 at 07:00:32:I I agree that you can't just forgive the debt.
I think you refinance it and lower or eliminate the interest.
I agree here too.
I don't understand why this is so hard. Debts are seldom much more than an auto finance,... They just need to manage their money.
A new $30,000 car gets paid off in about 6 years. Just drive a used $2,000 car for a few years and pay that student loan off.
If you can;t manage that, you'll never own a house or have a retirement.
Lowering interest would be a nice help, but just live below your means for a few years and get clear of debt.
I never go in debt for anything that doesn't have a deed.
so, this is what happens....
you're working a crap job, low pay, crap hours, no life, yeah, you're making it, barely, and maybe with the help of a few good friends from time to time.... you always feel like a giant loser and you decide, okay, let's try to get myself out of this (now you were never the smartest ever, but you aren't stupid either) so you figure more training and maybe some clout with a degree will help, and as you say, it's really only the price of a new car, not even a fancy car, like an Accord or something, now, you already have a car, which comes with it's own expenses beyond just payments, (gas, insurance, etc...) Anyway, you decide to try to better your life, you keep your current job... and work around it to go to school, trying to only spend the least possible to avoid debt, but...
yeah, it's a mistake, the degree ends up not having any marketable value to it, sure, you could upend your whole life and maybe find a job that'd take you, but you really know you didn't get the education that you need, you thought you would have, but for whatever reason, (counselors being more interested in selling you than helping you, the job market you went for has collapsed with technology taking it over, whatever) . you know, stuff happens and the cheese is moved, and now, you just can't make any moves, your payments and cost of living are taking almost all of your check..
yeah, mistakes were made, and there's no bettering your life anymore, everytime that's been "promised" you've been a fool so you don't bother with that anymore. You live, you learn... you pay.
even with that, I take responsibility for my debt, I'll pay it as best I can. and no, I won't ever own a home or have retirement, yes, I'm a loser, there's no American dream, just holding on to reality is enough of a struggle
hope you conservatives or anyone else, has a really good laugh at that/me, at least a smile was brought from my mistakes and idiocy