Get Those Student Loans Paid ASAP

Just from DCA. He does not have a college degree.

I just saw the DCA thread. Give me a freakin break. It's just the facts. If they don't like exposing the facts about the program, they can complain to my big fat chub.
 
Regarding the aforementioned flight school: What the heck is this world coming to?

Regarding debt: I feel for your friend, Chicaga. I freak out when my credit card bill is excessive; I couldn't imagine the thought of having tens (or hundreds) of thousands of dollars of debt.
 
I know someone that had 120k into the program and didn't get hired as a flight instructor. So the theory about buying a job there is buttkiss. (sorta)
 
Doug Taylor said:
Was that $120G's including college or just $120G's from just attending 'ehh ehh ehh'?
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hahah....I like the Howard Stern approach when talking about 'ehh ehh ehh' :)
 
FlyChicaga said:
Just from DCA. He does not have a college degree.

I just saw the DCA thread. Give me a freakin break. It's just the facts. If they don't like exposing the facts about the program, they can complain to my big fat chub.
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Well he can get ask his loan guaranteer for a 6 mnth to 1 yr. forbearance (sp) not much but it will help.
 
Maximillian_Jenius said:
Well he can get ask his loan guaranteer for a 6 mnth to 1 yr. forbearance (sp) not much but it will help.
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No kidding! $120k. Wow. With a modest interest rate of 5% you're looking at $6,000+ per year ($500+ per month) interest alone. I paid just under $500 in interest for the entire year.

I have to admit I was lucky though. I worked my way through college, did it in 3 years instead of 4 to save on room & board, sold my car to pay for the multi, and had parents that paid most of my flight training costs. Had this not been the case, I definately would have gone to a community college and done the FBO thing. There's no sense in spending all that money when you can spend a lot less and end up with a healthier checkbook. For those people that have the extra $$ though, let 'em spend it. A fool and his money... :).

~wheelsup
 
Since nothing is guaranteed in life, taking that (financial) leap of faith to pursue a dream is certainly a gamble. But if you're, say, 22 and are saddled with that kind of debt, I would hope that you have a viable means of paying it. Can he defer monthly payments? If so, I wonder for how long...
 
I still haven't gotten Sirius and I miss my daily dose of Stern :(

I'm glad someone caught the 'ehh ehh ehh' reference that I stold from Howard!
 
I miss Stern, too. Haven't gotten eh-eh-eh yet either. Truthfully, I miss Artie the most. Man, that guy had me in stitches with his impersonations of Debbie Schlussel, Blue Iris, Marianne from Brooklyn etc.
 
im 80k$ in debt from flying, but with another 2-4k$ ill finally have my bachelors. but i figure, if i cant somehow refinance my private key bank / us bank loans, and i can't get by paying every month, im running away.
far far away.
i hear spain is good this time of year.
my fiance is from france, so at least i'll be able to work too in europe, and hope nobody tries to come find me regarding my heafty loans.
 
Jesse03 said:
im 80k$ in debt from flying, but with another 2-4k$ ill finally have my bachelors. but i figure, if i cant somehow refinance my private key bank / us bank loans, and i can't get by paying every month, im running away.
far far away.
i hear spain is good this time of year.
my fiance is from france, so at least i'll be able to work too in europe, and hope nobody tries to come find me regarding my heafty loans.
Click to expand...

I hear Key Bank is outsourcing it's collections to the Mafia...fughettaboutit!
 
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