Declaration of Occupy Wall Street

[DeafCaroline]

Agreed.

I have a history degree. the intern is right. that was a waste of four years.

 

[Beowulf]

it wasn't my degree that got me here. it was my qualification, experience, and attitude that got me to where I am.

Gimme Gimme Gimme? nonsense... What camp would accept me with that kind of attitude?

They will want to see hands-on proof of your capabilities. Don't worry, I am sure they will need a few people to create humor to ease tensions.

 

[Jiro]

That is still money that doesn't have to be paid back.

oh gee.... where did my taxes go to? gimme gimme gimme it back!

Your tuition was $4,000? And you asked why I thought you had an associate's degree?

nah more. that's why I had federal grants too. What's the matter? Feeling intimidated by my background or something? oh you!!!!

Like I said, took your free money and ran, and now want to look down on those that have paid for their education with loans. Shame on you.

let's see.... a few days ago, I received a billing statement in mail from "Direct Loans". I have 3 loans and my original principal amount is $18,807.81 and my current principal balance is $17,912.97.

How depressing.....

 

[TXgolfer]

I was talking to an intern today about her life. She told me that she is pursuing an industrial engineering degree. I asked if she has always liked math/science. She said, "No not really, but I happen to be good at it." I then asked her what she really liked to do. She said "I love history, but let's be honest, who can get a job with a history degree?"

Smart gal, right?

To me, it's a bit sad, really.

Not really. Both of my US History teachers had other jobs. One was a Dentist but he taught one History section per semester because he loved History. I am not sure what the other one did. But he too only taught one section per semester. And was involved in tons of Civil War re-enactments and appeared as an extra in a few civil war movies. He even had a speaking line in the movie "Gettysburg" (he made us watch the scene many times ) Point is they made their money one way and enjoyed their passions in another (Best teacher I had)

So basically, sometimes people have to make that tough choice passion/money but that doesn't mean you can't pursue your passion if you choose money.

 

[DeafCaroline]

Actually, many of those students complaining about prohibitive bank-rolled student loans ARE employed. And even with employment, their debts were out of control, the reason being the continually added interest to the debt that makes it nigh impossible to pay off.

Here's a story of one student who is typically overwhelmed by the shock of student loan repayments - he is just one of least 10s of thousands going through the same thing: I have more student loan debt than many morgages. What do I do? - studentloans college money | Ask MetaFilter

 

[DeafCaroline]

oh gee.... where did my taxes go to? gimme gimme gimme it back!


nah more. that's why I had federal grants too. What's the matter? Feeling intimidated by my background or something? oh you!!!!


let's see.... a few days ago, I received a billing statement in mail from "Direct Loans". I have 3 loans and my original principal amount is $18,807.81 and my current principal balance is $17,912.97.

How depressing.....

I thought you said you paid off your debts?

 

[Beowulf]

It used to be that factory jobs were attractive to high school dropouts as a means to earning a decent wage, but now even those require some college education and degree. It is getting ridiculous.

 

[Jiro]

oh my... more edits. to belittle me more? I see..... time to make a lot of corrections on your demeaning assumptions.

That is still money that doesn't have to be paid back. Your tuition wasno more $4,000 a year?

a year? I WISH!!!!!!

And you asked why I thought you had an associate's degree?

yes........?

Did you live at home with mom and dad?

nope! I moved back home just prior to landing a job because... if you recall from couple years ago, economy took a nosedive. Asian market took a heavy casualty. As the result.... my dad suffered too. I moved back so I can help out to pay for our family bills such as mortgage, loans, etc. and also an expense for my brother's internship in London.

I sacrificed 4 years of my life as a young promiscuous bachelor to help out my family. I've told this story in AD several times.

Like I said, took your free money and ran, and now want to look down on those that have paid for their education with loans. Shame on you.

oic. any more unhealthy negative thoughts you have for me?

Unemployed father? Then you should have a bit more emapthy for those that are going without jobs. You took advantage of the fact that your father was unemployed and accepted money from VR and a low enough household EIC to get your NJ grant money from the state, byt you want to degrade others who are trying to pay their way by taking out loans to pay tuition that is 3 times your $4000 a year per sememster. Get ahold of yourself.

see my previous posts especially Post #1492.

btw - get ahold of yourself and start spelling properly!

 

[Jiro]

I thought you said you paid off your debts?

I did? O_o

boy.... do I wish I have already paid off my debts now...

 

[Jiro]

I have a history degree. the intern is right. that was a waste of four years.

it's not really a waste if you're willing to accept history degree's standard of living

 

[TXgolfer]

C'est la vie. I was young and wild and wanted to go off to college and live in the dorms like everyone else. I don't fault college students for the choices they made that got them into these high debt burdens, BUUUUTTTTT, expecting debt forgiveness is ridiculous. How fair is that to all the families that have paid their kids' education from their own hard earned money?

The vast majority of undergraduates I taught at Purdue did not have this gimme gimme attitude that Jiro is blasting off about. Most of them came from working class backgrounds. They were good students and worked hard, and they often supported themselves with side jobs. All of them expressed concern that they were having to take out so much loans and that the interest rates were high, but they had no other choice. None of them were demanding a handout, but at the same time, they all expressed bitterness over their situation. The issue of unfair student debt is a very real one that needs to be addressed.

Now, contrary to the undergrads, most graduate students I went to school with had massive amounts of debt that they didn't seem to give a care to at all. They were taking out loans on top of the fact that they were already getting teaching fellowships, which should have covered all their living costs. There was absolutely no need for them to take out loans, and yet they did. They were just dilettantes, sitting around the bar table thinking that as soon as they graduated they would land their high paying professorship and their debt would magically disappear. These types disgust me, but, and I am quite certain of this, these tools represent a tiny majority of the people with student loan debt.

See we pretty much agree here. In fact like Jiro I don't have much of a problem with Obama's plan. The only problem I see is the forgiveness after a certain amount of time. I don't think the debt should ever be wiped out, save for death or some sort of permanent disability

We probably disagree on the number of "tools" too but that is not a biggie.

 

[TXgolfer]

I did? O_o

boy.... do I wish I have already paid off my debts now...

I think she was confusing "I've paid for it" for "I've paid it off"

Simple mistake

 

[DeafCaroline]

See we pretty much agree here. In fact like Jiro I don't have much of a problem with Obama's plan. The only problem I see is the forgiveness after a certain amount of time. I don't think the debt should ever be wiped out, save for death or some sort of permanent disability

We probably disagree on the number of "tools" too but that is not a biggie.

I completely agree the loan itself should not be wiped out - it's the wildly escalating interests on the loans that needs to be dealt with and amended.

 

[Jiro]

Awww, take it easy on him. He is only 30.

29

 

[DeafCaroline]

it's not really a waste if you're willing to accept history degree's standard of living

I'm not! hahaha...no way. I appreciate being educated not just on history but also on a variety of other subjects that I took as electives but thank god for that one year of intensive graphic design schooling. I hardly slept that year but it was worth it.

 

[Jiro]

I completely agree the loan itself should not be wiped out - it's the wildly escalating interests on the loans that needs to be dealt with and amended.

but................. the students are the one who signed the deal with the Devil. How can they not see the interest rate? Did they think they'll pay back the money exactly same amount as they borrowed from them?

My interest rates are 4.5% for one loan and 6.5% for two other loans. I also have another loan from different lender and I was smart enough to consolidated other other loan with high interest rate together with this lender for low interest rate. whew!

 

[jillio]

it wasn't my degree that got me here. it was my qualification, experience, and attitude that got me to where I am.

Gimme Gimme Gimme? nonsense... What camp would accept me with that kind of attitude?

And that degree doesn't come into play regarding "qualifications". Do you omit it from your resume, then?

 

[TWA]

See we pretty much agree here. In fact like Jiro I don't have much of a problem with Obama's plan. The only problem I see is the forgiveness after a certain amount of time. I don't think the debt should ever be wiped out, save for death or some sort of permanent disability

We probably disagree on the number of "tools" too but that is not a biggie.

But what I am saying is that ALL students who take out loans are disgruntled and angered by the terms under which they have to take out the loans, but they have no other choice. Unless the student goes to a Cal State University, or Alabama (say, are them boys still accredited?), they're probably reasonably smart and hard working.

What I see Jiro doing is demonizing all students who express anger over student loans, regardless of if they are paying off their debt, landed solid jobs, etc.

How would we be able to determine the amount of tools? Like I said, I taught at the university level. I worked with these students firsthand. They were good kids. The majority don't have the "gimme gimme" attitude.

 

[TXgolfer]

I completely agree the loan itself should not be wiped out - it's the wildly escalating interests on the loans that needs to be dealt with and amended.

It's probably in the banks best interest to change the interest rate too. No doubt about it actually. But, that doesn't change the fact that Students did agree to the original deal.

 

[jillio]

oh my... more edits. to belittle me more? I see..... time to make a lot of corrections on your demeaning assumptions.


a year? I WISH!!!!!!


yes........?


nope! I moved back home just prior to landing a job because... if you recall from couple years ago, economy took a nosedive. Asian market took a heavy casualty. As the result.... my dad suffered too. I moved back so I can help out to pay for our family bills such as mortgage, loans, etc. and also an expense for my brother's internship in London.

I sacrificed 4 years of my life as a young promiscuous bachelor to help out my family. I've told this story in AD several times.


oic. any more unhealthy negative thoughts you have for me?


see my previous posts especially Post #1492.

btw - get ahold of yourself and start spelling properly!

You said you got the state ed grant for $4000. You then said it covered your tuition. You do the math.

How did being promiscuous help your family?

Gee, so you experienced the same thing that others have experienced in a failing economy. Difference is, you were lucky enough to have mom and dad to fall back on. Not everyone has that advantage, Jiro. Stop being so judgemental against those who don't have the advantages you have had. That's the whole point.