$201.73

[legion]

Originally Posted by competentone

I wonder if he is planning on trying to stay "off the grid" for the rest of his life?

There may be more bailouts to forgive the loans made to "losers" like him, or inflation may help to eliminate what he owes (if he has a fixed interest rate), but that loan will never "go away."

If he tries to get back "on the grid" 20 years from now, the loan will be there waiting for him.

Personally, I hope he has a variable interest rate!

I don't disagree. It's people like him that cause the programs to have to make up the money with either taxpayer money or higher interest rates.

I have another former friend who was caught in his dorm room with an ounce of pot when he was in community college in Tyler, Texas in 1997. He got out on bond and skipped town. He was convicted of possesion in absentia. He is married with a family now, and he is the type of guy that would assume that Texas has forgotten about his conviction because is was "so long ago". I know that one of these days he will be in Texas with his family on vacation and get pulled over for speeding...

[911Rob]

Originally Posted by onewhippedpuppy

No excuses here, I worked my ass off. Quite frankly, a 4.0 was not my top priority. In engineering you either get the right answer or the wrong answer. Not much "positioning" you can really do. In hindsight I don't regret a thing, in my current job and the others I was offered there wasn't a single conversation in regards to my GPA. While others didn't work so they could focus on that 4.0, I had an internship that has been invaluable to my career. Most of the people that work for me probably had better grades in school than I did.

However, your approach is part of the reason I had an A in all of my business classes. Plus they were easy.

Yeah, I agree; grades don't mean shat in the real world. What they "do" mean though is your personal confidence in your abilities, and usually that personal confidence is the same thing that gets you the good grades to begin with. Having a firm belief in what you know counts for alot in success imo. I have had many run ins with engineers, lawyers and accountants whereby I had the confidence in my knowledge to call BS on their opinions or advise.

Not to dumb things down, but math was my major and I scored 100% on every exam 100% 100% of the time, it came easy for me, but math builds on the previous lesson, you screw up at one level and you're gonna be challenged from that point forward. I made sure I understood the full theory of each level, then moved on. The main math instructor was a hoot, we had alot of good times. The instructors that taught me courses like 1+1=2 had the toughest time with me in their class; ha!

Anyway, that was 25 years ago now?
Guys like Legion have the world by the balls!

[KarlCarrera]

Chris, congrats to you!! Pay the d**m thing off and keep the records. All these years and you still paid. Not surprised. Have a nice dinner, cocktails, and relax for a couple of weeks.

Got a feeling your life may be full in the future

Karl
88 Targa

[Evans, Marv]

Decades ago (4+) when I worked my way through college, I also ran up $5K in student loans. I knew I had to start paying interest and payments 9 months after completion & not taking anymore classes. The bank also sent me a notice saying I owed $19/mo. (I think). At the time I thought that seemed sort of low.
After graduating, I took grad classes while working and saving money to pay off the $5K in one chunk before the 9 month deadline w/o having to pay the interest.
Anyway, I finally saved up the $5K, walked into the B of A that kept my loan(s) papers and plunked down $5K & walked out with my receipt. About 6 weeks later a letter arrived from the bank thanking me for paying off the loan(s), but stating they could only find $1k in loan papers.
I rolled it over in my mind whether or not I should go after the $4K difference I had paid. In the end I decided the money they loaned me had been a big help, and the money I paid back w/o interest was actually worth less than what they had loaned be over the years. So I decided to not try to recover the $4K they couldn't find the paperwork for. Hasn't bothered me a bit since.

[serge944]

It must suck having school loans. Fortunately, I was poor enough to have the Govt. pay for my education. I only took out a $2,000 "computer loan" to help pay for my e36 m3.

[pavulon]

Hired two new grads this month....one has ~$130K in school loans and the other ~$80K....the first guy also drove 5 hours to buy a new puppy last weekend. In the past 10 years I've worked w/ several people making well into 6 figures spend every dime they make....two even racked up 6 figure debt...amazing.