Originally Posted by mia389 (Post 1595858)

Just don't pay it. It has worked well for me.

My loans quickly got out of control because I was an idiot at the age of 19 when I signed them. My first year at the regional I owed over $200,000.

It started as a $65,000 loan. While instructing for 3 years I couldn't make any payments so they gave me penalties and my interest rates went way up. By the time I finally got to a regional it was out of control and I would owe more a month than what I was making.

I would of picked a different profession if I knew this one payed so little. My credit suffered for years but it has gotten better. Somehow the loans just disappeared and don't even show up on my credit report anymore. I'm sure the tax payer somehow payed for my training because I never did.

Originally Posted by ArcherDvr (Post 1595721)

Many people don't know that for your government loans you can get on an income based repayment plan, which at a 1st year FO wage you would not have to pay anything for the year, and after 20 years, the balance is forgiven.

Originally Posted by jsfBoat (Post 1596725)

A big chunk of the student debt at Colleges goes to worthless Athletic programs, to pay for some guy's scholarship to play with a ball, everyone knowing that he will go to a professional sports team at the first chance. Who's paying for that guy, it isn't the athletic department. It makes me angry to see a Delta A330 fly into somewhere with a football team knowing that the rest of the students are paying for that charter.

Originally Posted by NovemberBravo (Post 1595673)

I think I'm done with this thread this guy is getting all bent out of shape about possible legislation that's only being discussed in a forum because HE won't benift from it. Take a xanax and chill.

Originally Posted by Jet87 (Post 1596759)

You need to do some studying on how much a college football program makes in TV, sponsors, ticket sales, boosters... Someone paying tuition does not pay for the football team's expenses. The football team can make enough money to carry all the other sports, like baseball, Olympic sports etc

Originally Posted by Red Forman (Post 1595885)

The children are the ones who don't want to honor their commitment to a financial institution they made an agreement with.

Originally Posted by GlobeTreker (Post 1596781)

Yet you probably work for an airline that has filed or will file for bankruptcy and still you don't resign in protest. An airline like American files for bankruptcy and it's executives that got it there make millions. Thousands of pilots flood American with applications to work for the bankrupt airline and nobody blinks. Some broke sap rj pilot contemplates doing the same thing your bankrupt fantasy airline does, and all you internet super heroes crawl out of the woodwork to scold him. IF you feel that strongly about paying all of your debts no matter what, I say resign from your airline. You lack the courage of your convictions.