Author Topic: .....and the all time Wall of Shame Award goes to this poor sap  (Read 21508 times)

dragoncar

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Re: .....and the all time Wall of Shame Award goes to this poor sap
« Reply #50 on: November 11, 2014, 08:20:16 AM »
You people just have no compassion.  This poor guy is just a thrifty soul caught in a series of unfortunate events even lemony snicket couldn't imagine.

For example:
The law is against him:
"no lawyer in the local area likes this particular judge, because he is lazy and arrogant"
Even the pavement is against him:
"Then my Matrix tires had to be replaced thanks to pot holes in my area"

There were pot holes, people, pot holes!

hahahaha

everyone knows that USUALLY, if you don't live in a place with POTHOLES, tires last forever! so who the fuck would plan on replacing them?!?! these costs, comin' outta nowhere, I tell ya! just like the damn potholes!


haha!

Reminds me, though... one of the roads near my house is seriously degrading... when I roll up I can hear gravel moving under my tires (not sure how homeowners on that street stand it!)  Anyways, will this reduce my tire lifespan to the point that I should avoid that road?  Or does gravel not do much?  It's a pretty long road, but there are alternatives in good condition but less direct. 

MrBuckBeard

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Re: .....and the all time Wall of Shame Award goes to this poor sap
« Reply #51 on: November 12, 2014, 10:48:55 AM »
You people just have no compassion.  This poor guy is just a thrifty soul caught in a series of unfortunate events even lemony snicket couldn't imagine.

For example:
The law is against him:
"no lawyer in the local area likes this particular judge, because he is lazy and arrogant"
Even the pavement is against him:
"Then my Matrix tires had to be replaced thanks to pot holes in my area"

There were pot holes, people, pot holes!

Now the whole INTERNET is against him!  Will the thrashing never end?!?!?!

mydogismyheart

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Re: .....and the all time Wall of Shame Award goes to this poor sap
« Reply #52 on: November 13, 2014, 05:10:16 PM »
She is a teacher and has $120K in student loan debt?  Where the hell did she go to school?  I have a degree in education and it MAYBE cost a grand total of $20K.  I went to cheap community colleges followed by a local state college and even took some courses online.  And guess what?!?!?!  I had no problem finding a job in the area making the same amount of money as she probably does (ok, well, maybe not since teachers across the country have different pay scales, but a fancy university would not have increased my pay).  Sometimes a fancy edubacatin just ain't neccisery.

Also, I drive a 2006 Jeep that I paid $13,500 for (although I had a paid for trade-in so really it was $3500) with 118K miles on it and the largest repair bill I had was about $500.

skunkfunk

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Re: .....and the all time Wall of Shame Award goes to this poor sap
« Reply #53 on: November 14, 2014, 09:08:51 AM »
She is a teacher and has $120K in student loan debt? 

My teacher friend has 6-figure student debt load. His wife has 6 figures as well. She has a bachelors in art history and works as a receptionist at a university.

Oh and they just bought a house.

MrBuckBeard

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Re: .....and the all time Wall of Shame Award goes to this poor sap
« Reply #54 on: November 14, 2014, 09:54:05 AM »
Oh and they just bought a house.

I'm torn here.  On the one hand, 200k of student loan debt, I don't know that taking on anything beyond this is advisable.  On the other hand, a home can be a worthwhile use of your money if you're staying put, and a mortgage isn't much different than rent in some situations.  I just can't imagine having to wait to buy a home until you'd pumped 200k back into the student loan.  You'd get started on home ownership way later in life if you did.

So, like I said, very torn here.  And also very glad I don't have to think about that situation in my own personal life.  That's a lousy lot to have handed yourself in life.

MrsPete

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Re: .....and the all time Wall of Shame Award goes to this poor sap
« Reply #55 on: November 15, 2014, 11:11:02 AM »
You people just have no compassion.  This poor guy is just a thrifty soul caught in a series of unfortunate events even lemony snicket couldn't imagine.
Hee-hee.  I liked that.

Artemis67

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Re: .....and the all time Wall of Shame Award goes to this poor sap
« Reply #56 on: November 16, 2014, 12:49:45 PM »
She is a teacher and has $120K in student loan debt?  Where the hell did she go to school?

I know a couple of teachers in their early 30s who have similar SL debt loads. One went to an expensive, private SLAC and took five years to finish a BA; the other went to a big state school. Both chose majors with limited economic value (Women's Studies and English Lit, respectively). Neither planned on teaching, but 2-5 years out of undergrad they each realized that they were going to be stuck in retail/restaurants forever, so they went back to school for teaching credentials (incurring more SL debt). Once they started teaching, it soon became clear that they would need Masters' degrees (which meant even more debt).

Keep in mind that both took deferments, and both made minimum payment on their loans for years, so the huge debt balances are also due to accrued interest, not just the principal.

Neither is good with money, though the SLAC Women's Studies major, with $140K in SL debt (plus credit cards; her car is paid for) is finally coming around and making better choices. She actually has an emergency fund and a budget now, and is looking for a cheaper place to live near her school so she can walk to work. The wakeup call came when her ex-boyfriend said he wouldn't marry her until she had made significant progress toward fixing her financial habits and paying down her debts. He's since out of the picture, but the message got through. I didn't even know about MMM until a few days ago, but I've already sent her the link. :)

The one who went to a state school has about $125K in student loans, plus $12-15K in credit cards, and is still paying on a 2009 Jetta. She only makes minimum payments, lives paycheck to paycheck, has credit cards, and just assumes it's the fate of her generation to be saddled with massive SL debts and no hope of ever retiring or buying a house. She also hates teaching, so she "treats" herself to restaurants, clothes, vacations, lunch delivery, etc. And she brushes off any financial advice I give because, as a Gen-Xer who has been debt-free for over a decade now I had it easy and can't possibly understand her situation. She's very bright, but holy cow--her willful stupidity when it comes to finances never ceases to astound and dismay me.

Quote
I have a degree in education and it MAYBE cost a grand total of $20K.  I went to cheap community colleges followed by a local state college and even took some courses online.

Community colleges are a bargain, and I can't believe how many kids refuse to take advantage of that (or are discouraged from doing so by their status-obsessed parents and peers). Where I live, the nearest CC costs a little less than 1/3 what the big state university costs, with smaller class sizes, and if you do well there it's not hard to transfer to the U as a junior, with all your general ed requirements and many major prereqs out of the way. When I went back to school in my early 30s to finish a BA, I took everything I could at the local CC, paid for it out of pocket, and after I transferred to a 4-year state school I took out the least amount of loans I could manage while still working so I could pay most of it out-of-pocket. I had $7K in loans by the time I was done, and paid them off in about a year.