18 Aug Student Loans And What You Need To Know!

SORRY. You aren’t responsible enough at 18 to buy an alcoholic beverage…BUT while you’re here, why don’t you step over to the student loans office and without knowledge of your future employment, how much you will make a year, how to manage money, what you want to do with your life, or even know what you want to do tomorrow other than find your classes…why don’t you sign here and get a steal of deal on a $10,000 loan!!!

That’s how an honest conversation would sound with a loan officer talking to a freshman. Not even a freshman…more likely a soon-to-be-graduating high school senior. It’s borderline criminal, but has become necessary evil due to the rising cost of college and the majority of jobs that have nothing to do with the majority of degrees requiring a degree (my technology sales job requires a degree to apply…yet the job has ZERO to do with my degree). It’s one of those “just the way it is” things that is slowly decaying the financial balance of the nation and handicapping people from improving their livelihoods. But banks aren’t worried. Why? Because you can default and go bankrupt on a house, car, boat, and anything else you own…EXCEPT you CANNOT default on student loans. So they’re gonna get paid no matter what!

My point is this…once you sign on the dotted line for student loans, that is with you until you either pay it off or you are DEAD and six feet under. So this video is for people who are about to sign, have recently signed, and have signed and are paying back their loans. I hope it helps!