I really, really, really hate you, student loans. So much. I wish I had just gotten a line of credit when I started university four years ago.
I don’t understand why, when I applied as soon as I possibly could, you guys waited until the last week and a half of August to inform me that you needed additional info before you could fully assess my loan because you somehow think, as a part-time working student, I earned $34,000 last year.
Better yet, we sent that in ASAP and they said they received it on the 23rd of August and it said it would be 4-6 weeks before it would be assessed. And now, it’s approaching the very last day of September, I still don’t have my loan, and thanks to having to cut back on shifts at work due to school (that thing I’m attending so that maybe, someday, my children won’t have to apply for one of you), I have less than half of my rent money to pay, my credit card is nearly maxed out, and for the first time in four years that I’ve been living without my parents, I had to borrow money from them. I wish I could have been prepared better financially, and I suppose it is my fault for being so, but this is perhaps the first time that they’ve ever fucked me over this badly.
Student loans, I hate you. You’re causing me a shitload of stress. Please give me money so I can buy food, my last textbook (which I have a test in that class tomorrow, whee), and pay my credit card off as well as my parents. Oh, and my tuition. —Wish I wasn’t so poor
This article appears in Sep 30 – Oct 6, 2010.
I’m going to admit right now that I wrote this bitch. I just wanted to elaborate on the maxed out credit card: it’s a small limit and I’ve been legitimately using it to buy groceries, not spending it on frivolous things… just wanted to explain that since I know people tend to look for the weak spots in these things. 😛 Heh.
For the amount of tax the governments take off from our pay checks, education had better be free in this country. But that will never happen, so in the mean while, jdp21, I hope you have discussed your situation with your institution’s counsellor/registrar/cashier/student association etc. to explain your loan situation and perhaps see if they have student emergency funds that you can count on for just in case.
Well some of the ppl here are starting a phone sex line. That should bring you some easy paper.
…and a recent report states that some schools should raise their tuition. University education is becoming decreasingly inaccessible and it’s downright criminal
ooops I mean decreasingly accessible…or increasingly inaccessible…lol
I definitely understand where you’re coming from. Student loans are such a headache and it’s like the people who assess them don’t realize how important that money is for you to LIVE so they just don’t care about how fast they do it.
And yes, if you would like to be a part of our phone sex business you’re more than welcome.
Read the entire post, LS. The OP said that they *do* have a job.
Govenrment pay for eduacation….are you serious !?!
THere are artificial lakes & summits to pay for.
Politicians have to be out all over the country shaking babies & kissing hasses.
There’s no money left over to pay for something as useless as schooling.
THey already pay for just enough schooling so you can take a minimum wage drone position & keep their hotel rooms cleaned, the service industry needs fresh meat daily….& there’s no way in hell the Politicians of this country will allow higher education to fuck with their banquets & bars !
OP whatever were you thinking, we have to serve the masters…I mean Politicains…its not ther jobs to serve or work for us .
LifeSucks seems to always have a problem with not reading the full bitch, or at least not comprehending the full bitch, before he responds.
I feel your pain OP. Been there, done that. Luckily I had a job at a restaurant and by the time I hit 3rd year was a manager so I could eat free (albeit unhealthy) food. I would offer a word of wisdom though – if you get a student line of credit (which I had in addition to my student loan, because according to them my parents made too much) – you have to budget for paying interest. By my last year of school, I had to take out an extra $1000 on my line of credit just so I could afford to pay the interest on my line of credit throughout the year (I wouldn’t have needed to take any more out otherwise). If you can get by without the line of credit, definitely do it. Although, I will admit, without it I wouldn’t have been able to go to university.
If you hate student loans now, wait until you graduate and have to repay. Thankfully, I only owed $45k after graduating from Dal and was able to repay it all within 2 years. On a good note, repaying student loans builds excellent credit with the banks. 🙂
How the fuck did you manage to pay off $45k in two years sebastard? You must’ve landed one hell of a job. I only had to borrow $16k and that’s gonna take me like 5 years to pay off.
he lived with his parents for the 2 years.
Though seb did have one thing right….
you think getting money out of them is hard?
wait until you have to set up giving them the money back.
Took me over 8 months to get a fucking account number out of them to start repaying….
so advice for you, WRITE EVERYTHING DOWN IN A JOURNAL when dealing with them upon graduating.
I’ll be paying until I’m 35… and I’m sure Kitty’s in the same boat.
fucking sucks.
Aw, LS’s evidently ignorant comment got deleted? Sadtimes.
Yes, not only do I have a job, but I have two jobs. I’m not lazy, and I’m certainly not expecting the world to hand me everything. But I don’t make enough money to support myself and go to school. I need a loan. Thus why my current circumstances are so frustrating.
Anyway, I know I’ll have to pay it all back eventually, but if I think about that right now, I’m probably going to just stress out way too much. Haha.
sorry jdp21, i was thinking on something else and mixed it up with another comment that i started to write, and got interupted. anyhoo, credit cards are the biggest rip off this side of voting. they hit you with fees for using them, and even hit you when you don’t use them. the biggest scam is the rbc ones, they really get you with their interest rates, on the balance. i had an american express, and a diners club once, they charged me roughly 75 bucks a month, even though i never ever used them once. and then you get the pre approved crap, they send you a card, and you never even applied for it. took me 5 months to get capital one off my back, after i kept telling them no, i did not want, apply or used their fucking card.student loans, well i won’t even go there, i worked my ass off while i went to dal., to study law, and also child protection services. but does that help me today, in a few small ways, to cover my own last in the law area only.
Apparently he doesn’t read the paperwork before signing up for a credit card, either.
it’s cheaper to get a loan to pay off your credit cards. also get a card without any bells and whistles
LifeSucks, you have a law degree?
I’m not a lawyer I just play one on TV 🙂
I understand how a credit card works, if that was directed at me, “Frenchie”… lol.
I’m quite glad I had it (it’s the only one I have; I keep on hanging up on Scotiabank because they’re trying to get me get one from them). If I didn’t, I wouldn’t have been able to eat at all this month, even if it IS just borrowed money.
I was referring to LS’ comment, our resident expert on everything.
I think we have to come up with a system that makes it clear whom each post is directed at. @random someone
Sorry NTH, can’t help.
Idea (kinda socialist, alot like the military), Gov pays for education, then you work for the Gov where-ever for X-years till the debt is paid off, and you get experiece to boot.
I’d vote for that.
All of my kidlinks delayed university and worked until they could go – I really feel for the kids that end up in megadebt because of these fucking student loans. No way you can escape, as a friend of mine thought after 22 years they wouldn’t pursue her – they did and it made her life hell. I would advise any young person to earn the money rather than accept a student loan even if you’re a few years behind.
this 4 hour time zone thing sucks; i have no one to play with. One of you selfish bastards should stay up late it’s the least you can do 🙂
yes, as a matter of fact, i studied first year case law, and also child services, at two different periods in my life. the law part was costing way too much coin, and when i thought it over. i could be defending something like the trash that roam our streets. that is if i had went for criminal law instead of business and corporate. the child services fizzled because of the sht that i saw, and found that i could do little to help. the hands being tied, due to the processes. that’s part of why life sucks, for me.
and let us notget the 2 1/2 years i spent in the military either. the combat schol was fucking boss, and you learn all kinds of shit there. i wanted the air part of it, and got sucked into the naval part. the bonnie was a nice old boat.
Nah, I’m in the titanic of loan repayment, zZz. I’ll be 40-45 years old when I’ll pay mine off according to the schedule’d terms on my loan. i had to take out more months on repayment to lower my actual payment.
100k, kiddies. 100k. 🙁
And TTFN: if I knew then what I know now, I’d do what your kids did and work to save up the coin. Unfortunately, though, I chose to go to an expensive as ASS university. Great education; awful tuition rates.
Lifer – Were they still flying Banshees off the Bonnie when you served or was it just trackers and Sea Kings? Hella Kule!
i didn’t want the boy to have a huge debt load. he worked for years and with that money and the funds we stashed, he will graduate without a looming loan to repay
Oh wow, you think this is stressful, just wait until you graduate, get an entry level position making probably less than 25,000 a year and have to pay rent, credit card bills and a 450 a month student loan payment. Life gets harder, so develope a good sense of humour now.
i feel you. i work two jobs just so i can go to university, thank GOD I’m graduating this semester. I actually had to start going to school part time in order to work full time so i could afford it (? yeah, i know) That added another year onto my degree (and another year paying RIDICULOUS Halifax hell hole rent). The only thing that saved me is having a job with tips, if I didn’t i probably would’ve starved during the winter.
The kicker about a line of credit is that students don’t have any assests so they need a co-signer… if you’re parents don’t make a lot of money, they don’t qualify either. Thats what happened to me and because I had a good job to save up for university before I moved here and I was a mature student, my student loan only covered my tuition so every month I had to come up with rent, school supplies, groceries and utilities.
The real kicker is that I was sponsored for my first two years of college and had only a minor credit card debt after the first two years, then i transferred here and in the last 3 and a half years I’ve gotten 50k in debt.
god, I cant even think about the number or im going to puke haha