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Joe BidenCongratulations to our presumptive Democratic nominee, Joe Biden!
 

NurseJackie

(42,862 posts)
35. I've had a loan for OVER 10K before and I paid it off in about six years.
Thu Jan 30, 2020, 09:43 AM
Jan 2020

I've had a loan for OVER 10K before and I paid it off in about six years. And I was also living paycheck-to-paycheck, hand to mouth. Why should it take "forever" to pay off a 10K loan? I always presumed that student loans were an actual loan, with a fixed payment and fixed interest. Some folks make it sound as though student loans like having that much debt on a revolving charge card... is that the case? Does the loan amount actually grow and grow and grow... or remain constant... over time (similar to having a big credit card debt and only making the bare minimum payment month after month)?

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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0 members have recommended this reply (displayed in chronological order):

Said the writing teacher NJCher Jan 2020 #1
Thanks! Tiggeroshii Jan 2020 #3
Was a Bernie supporter in 2012 CountAllVotes Jan 2020 #2
We already have voted for a wizard of oz... pbmus Jan 2020 #4
We can't afford anything less than solving our problems now. Tiggeroshii Jan 2020 #5
Oh that's right. We can only hope. Anything KPN Jan 2020 #26
rainbows and ponies for everyone lapfog_1 Jan 2020 #6
Taking the minimum steps on global warming and Tiggeroshii Jan 2020 #7
lets make progress lapfog_1 Jan 2020 #8
You know what? We've tried it your way. Tiggeroshii Jan 2020 #11
Not eight, forty. The GOP breaks all norms, pillages and KPN Jan 2020 #27
This. We have to fight our way back, and fight hard to make up lost ground. Not inches, but miles. JudyM Jan 2020 #47
.... KPN Jan 2020 #61
Thanks KPN! Tiggeroshii Jan 2020 #60
Ah yes those terrible Obama years. BannonsLiver Jan 2020 #28
lol NCProgressive Jan 2020 #37
Best president in my lifetime squirecam Jan 2020 #40
Message auto-removed Name removed Jan 2020 #52
We got a demagogue cheating his way into office Skidmore Jan 2020 #42
Wow awesomerwb1 Jan 2020 #53
We had control 10 years out of 52 Midnightwalk Jan 2020 #55
That's great rhetoric, but... Happy Hoosier Jan 2020 #33
THIS!!! InAbLuEsTaTe Jan 2020 #51
I'm not for Bernie Turin_C3PO Jan 2020 #9
and you forgot to say accurate lapfog_1 Jan 2020 #10
Student loan forgiveness does not require the legislature. Tiggeroshii Jan 2020 #12
so... let's see lapfog_1 Jan 2020 #14
So because you dont benefit from it, then nobody else should? Tiggeroshii Jan 2020 #15
We've had This argument in another thread.... Happy Hoosier Jan 2020 #34
Indeed, let's see wackadoo wabbit Jan 2020 #17
+100000000 KPN Jan 2020 #30
What?! Yikes. No wonder we have problems. KPN Jan 2020 #29
We are NOT the wealthiest nation on earth lapfog_1 Jan 2020 #49
Shoot for the stars Turin_C3PO Jan 2020 #13
anyone who really wants those things should be working on treestar Feb 2020 #73
I hope Bernie doesn't win the nomination and Hav Jan 2020 #16
Do something to earn loan forgiveness! Lexblues Jan 2020 #18
The problem is bigger than yours or my individual loans. Tiggeroshii Jan 2020 #19
Well we aren't forced to sign up for them Lexblues Jan 2020 #20
I think it is absurd to think something shouldn't be done simply Tiggeroshii Jan 2020 #21
It's not just about it not benefiting a particular person.... Happy Hoosier Jan 2020 #38
I'd like to have a full and fair discussion on this... squirecam Jan 2020 #41
I think this is where the "not fair" crowd falters. PandoraAwakened Jan 2020 #64
This is nonsense. squirecam Jan 2020 #68
No, my informed opinion is not "nonsense." However, this is: PandoraAwakened Feb 2020 #71
You are correct squirecam Feb 2020 #72
we ALL had student loans. For many of us it was the first mjor financial decison of our lives.. samnsara Jan 2020 #25
I still cannot believe we are arguing.... Skittles Jan 2020 #22
Don't be fooled. He's making pie in the sky promises. NurseJackie Jan 2020 #23
if trump* wins...you can forget about ALL of that.. probably forever. samnsara Jan 2020 #24
Aha! So you want to benefit by $10K and want other people to pay for it!! NCProgressive Jan 2020 #31
I've had a loan for OVER 10K before and I paid it off in about six years. NurseJackie Jan 2020 #35
Actually, there are several ways one can pay off the loans NCProgressive Jan 2020 #36
A family connection took option 1. greatauntoftriplets Jan 2020 #39
They are actually looking like a gigantic crisis Tiggeroshii Jan 2020 #63
K&R CentralMass Jan 2020 #32
Message auto-removed Name removed Jan 2020 #43
I'd like to know more squirecam Jan 2020 #46
Whelp squirecam Jan 2020 #56
I don't care if he panders; I care if he loses so he can't deliver on the pandering... brooklynite Jan 2020 #44
Well of course. We should care if our eventual nominee loses to Trump no matter who she or he may be totodeinhere Jan 2020 #50
Yes, but some candidates have a greater likelihood of losing than others... brooklynite Jan 2020 #57
When he loses to Trump, you will get NOTHING on your wish list. scheming daemons Jan 2020 #45
His pandering and triangulation are effective tools of a career politician. LanternWaste Jan 2020 #48
Not one thing any candidate wouldn't want. LakeArenal Jan 2020 #54
Hey I like you and we have great discussions...but I am done with Bernie Sanders in the primary. Demsrule86 Jan 2020 #58
He was fired, no? Tiggeroshii Jan 2020 #59
It is too much for me...they had to know who he was and then she liked his video. Demsrule86 Jan 2020 #67
Thanks! You too! Tiggeroshii Jan 2020 #69
Kicked and recommended. Uncle Joe Jan 2020 #62
$10K for life? The Revolution Jan 2020 #65
More. Tiggeroshii Jan 2020 #66
Thanks for your post. David__77 Jan 2020 #70
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