Forget credit card debt, student loans will sink the U.S.

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Post #111,789 by inthane-chan 7/28/03 6:55:27 PM Reply	Forget credit card debt, student loans will sink the U.S.
Post #111,801 by Steve Lowe 7/29/03 12:09:14 AM Reply	don't remind me. We're currently in denial wrt student loans. Hopefully, we'll have mine paid off before my wife finishes her master's and we have to start paying on those. ----- Steve
Post #111,875 by inthane-chan 7/29/03 2:04:25 PM Reply	Difference between credit card debt and student loans... You can get out of credit card debt via Chapter 11. Student loan debt is with you for life. Even if the career you chose suddenly decides to move all the jobs in the field to India, and the only thing you can get is flipping burgers... They'll come take it out of your paycheck. If the "leaders" of our economy want to get some stimulus that will help - student debt relief for those who's jobs have moved overseas is probably a GREAT start. And though you hold the keys to ruin of everything I see/With every prison blown to dust, my enemies walk free/Though all the kingdoms turn to sand and fall into the sea/ I'm mad about you I'm mad about you
Post #111,919 by Ashton 7/29/03 6:19:28 PM Reply	Neoconmen are Incapable of subtle thought; could care less..
Post #111,922 by jake123 7/29/03 7:35:32 PM Reply	Canada too I took on a bunch back in the early nineties. Big mistake; looking back at what they were offering now that I have more experience, it looks like a great way for the banks to have a long string of people in perpetual indebtedness. Simply put, the amounts handed out are not supportable by the jobs people can get after graduation; you have to be making 60K plus per year on a moderate debt load, and there simply aren't that enough jobs to go around to the grads that pay that well. --\n-------------------------------------------------------------------\n* Jack Troughton jake at consultron.ca \n [link\|http://consultron.ca\|http://consultron.ca] [link\|irc://irc.ecomstation.ca\|irc://irc.ecomstation.ca] \n Kingston Ontario Canada [link\|news://news.consultron.ca\|news://news.consultron.ca] *\n-------------------------------------------------------------------

Credit card companies and their increasing power - (lincoln) - (27) - July 27, 2003, 09:41:38 PM EDT

I don't use them - (tuberculosis) - (13) - Aug. 21, 2007, 06:06:17 AM EDT

How do you rent a car? -NT - (Another Scott) - (9) - July 28, 2003, 12:01:09 AM EDT

Many local branches will rent on a debit card - (FuManChu) - July 28, 2003, 02:02:51 AM EDT

AMEX - (SpiceWare) - (7) - July 28, 2003, 10:32:34 AM EDT

I'll never use them again - (tuberculosis) - (3) - Aug. 21, 2007, 06:07:22 AM EDT

Get it in writing - (kmself) - (2) - July 28, 2003, 05:51:35 PM EDT

Tried that - (tuberculosis) - (1) - Aug. 21, 2007, 06:08:50 AM EDT

Welcome brother - (Ashton) - July 30, 2003, 03:51:16 AM EDT

I like Discover - (bbronson) - (2) - July 28, 2003, 11:28:02 AM EDT

But isn't that the only sane way to use any CC? - (Ashton) - (1) - July 28, 2003, 04:09:02 PM EDT

Yessirree, but trying to convince some people of this - (bbronson) - July 28, 2003, 06:27:58 PM EDT

I've cut back on my use of them - (orion) - July 28, 2003, 12:05:51 AM EDT

CC advantages - (kmself) - July 28, 2003, 01:25:59 AM EDT

Credit card is much better if used correctly - (bluke) - July 31, 2003, 08:23:06 AM EDT

It's that penultimate sentence which is the Killer - - (Ashton) - July 28, 2003, 03:49:59 AM EDT

Ahh, so it's not people's greed and impatience, it's credit - (Arkadiy) - (5) - July 28, 2003, 11:55:17 AM EDT

Agreed. - (a6l6e6x) - July 28, 2003, 12:15:53 PM EDT

Bingo -NT - (bbronson) - July 28, 2003, 02:11:12 PM EDT

Good reminder : also dispute resolution, leverage on returns -NT - (Ashton) - July 28, 2003, 04:12:09 PM EDT

The problem is if you trip.... - (kmself) - (1) - July 28, 2003, 05:55:11 PM EDT

The problem happens when you don't pay - (Arkadiy) - July 29, 2003, 01:08:25 PM EDT

Re: Credit card companies and their increasing power - (Nightowl) - July 28, 2003, 01:53:50 PM EDT

Forget credit card debt, student loans will sink the U.S. -NT - (inthane-chan) - (4) - July 28, 2003, 06:55:27 PM EDT

don't remind me. - (Steve Lowe) - (2) - July 29, 2003, 12:09:14 AM EDT

Difference between credit card debt and student loans... - (inthane-chan) - (1) - July 29, 2003, 02:04:25 PM EDT

Neoconmen are Incapable of subtle thought; could care less.. -NT - (Ashton) - July 29, 2003, 06:19:28 PM EDT

Canada too - (jake123) - July 29, 2003, 07:35:32 PM EDT

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