With the majority of Crocker's debt being private loans, Biden's relief won't make a significant dent for him and about 3 million other borrowers with private loans. He says he wishes he'd known the high, life-long costs of higher education when he was in high school. It may have prevented him from being in his current situation.
"I wasn't chipping my way out of this," Crocker said."$540 a month was just covering interest, so at some point, we're not getting out from underneath this.". After his loan company raised his monthly payment in 2015, his wages at his grocery-store job were garnished, so he picked up carpentry and other jobs on the side to keep up.
Capitalism at its greatest… survival of the fittest
Thank you for supporting the student debt crisis 🙌 these loans are predatory and must be stopped CancelStudentDebt
First order of business: Get out of the city.
Did you work and try to pay while going to school? Sorry your debt is so high but probably should have thought about that ahead of time. You will get it paid someday.
I didn't have a student loan debt but I had a $130,000 debt scrimped saved rice and beans for 10 years and it was paid off. My home was a fixer upper but I had a roof over my head the whole time
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Nothing new. Come to Stewart Ave in Newark ACA &you will find rows of cars and RVs parked on the side of the road. Even families live there due to expensive housing. “people living in RVs, campers, and cars keeps growing ... along parts of Christy Street and Stewart Avenue”.
Jangan bersedih semoga ade orang melindungi mu semoga beban yg dihadapi menjadi ringan sher.klaw hilaf kata mohon ma,af
Basic finance should be taught in schools from an early age. How not to get in debt saving and investing. Compounded interest can make you a millionaire or make you broke for life.
Rental rates are destroying communal ecosystems! How can the service workers in Starbucks, grocery stores, & fast food restaurants afford to pay $1300 in rent and they make $10 per hour? We need them in their jobs just like we need doctors, lawyers, and info tech professionals.
“but wishes he'd gone to a trade school rather than take on student loans for a degree he couldn't use.” He’s been graduated for 14 years and couldn’t find a job? Military offering thousands of bonus dollars? Go to trade school? 14 years
I’m curious, what did he major in?
Return the money, no regrets
Sounds like the college/university wasn’t providing adequate services and the endowment should be seized
. Get a new skill that pays much more. Online, night and/or weekend trade school. .
The choice we make is also the responsibility. Easy to blame.
We all have regrets and we have to live with them, and pay for them, that’s life
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