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Paying Off Other Peoples' Debts
Wrangler
Member Posts: 5,788 ✭
Just saw a story of a billionaire that is going to pay off the student loan debt for the 2019 Class of Morehouse College. We had a story in the local paper about a lady that paid off all of the owed monies at a local public school for school lunches. This does not teach these students and their parents any financial responsibility. If you incur a debt, you are responsible for it. These kids are going to think someone will always bail them out of debt. What makes me even more mad are the people that enable this thought process of debt will just go away somehow. :roll:
Comments
There is no one who can pay that debt.
It is a nice thing to pay for a vets lunch. He or she earned a break.
University gets more money, students borrow more, university charges more, students borrow more, an unending cycle that will come to a fast and unpleasant end someday.
about every year some local will pay out all the layaway's at wall-mart for Christmas ( two towns about 30 miles apart and random which one each year
about 10 ? years ago my nephew had put a lot of electronic games and so on for his kids mostly to keep it out of the house and better chance the kids would not find out any way he was one who got paid out I know it was over 500.00 just his .
Probably got that idea from smoking peyote at some pow wow.
I was going through the drive through at Bojangles I had ordered a sausage and biscuit with a sweet tea. As I was paying through the window there was a hugely fat bl*ck girl taking my money. Well she was talking to a fellow worker and she said she had to start paying back her student loans :shock:
What went through my head is; she should ask for a refund if the best job she could get was in a fast food joint.
Too many people think a degree is going to land them a job, some would be better served learning a trade, like welding or pipe fitting, carpentry or even mechanic.
I have a friend whose son worked at a dealership. The dealership offered to send him to Mechanics school and buy his tools. He turned them down, quit and took a job with a landscaping company leaning on a shovel..........what an idiot.
As far as paying off the loans for everybody at Morehouse, have at it. I could type what I feel but it would upset some folks so I will just bite my typing finger
- and then watched them spend it on almost anything (and everything) except paying off their debts.
I think you nailed it. Bob
Why are you so sure she got a degree? A LOT of people have massive student debt & never graduated.
Maybe just let people do nice things, ya know?
And fiery auto crashes
Some will die in hot pursuit
While sifting through my ashes
Some will fall in love with life
And drink it from a fountain
That is pouring like an avalanche
Coming down the mountain
Maybe.
One would think that many, probably most, are extremely grateful, and realize the rarity of such a wonderful thing.
Brad Steele
Where I disagree is in debt forgiveness because you incurred a boatload of student debt for your Greek studies degree. Get a non paying degree and tough tootie, you owe. Or if you rack up 10k of credit card debt and don?t want the credit card company to ?fool you into thinking that you have to pay it all back.? THAT teaches people to be irresponsible. And that is a bad thing.
Your right. I made the assumption that if you are going to take out a loan to go to school you would finish school. My mistake I was applying my mentality to the situation.
To them, it?s Ok not to pay what they owe. Totally different mentality.