Feeling like ****. FML HARDCORE.
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Joined: Nov 2008
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Feeling like ****. FML HARDCORE.
I have to sell the bike. I'm $2500 short for my summer classes if I want to graduate college on time. Maybe I should just drop out of school, I chose to be a Finance major at the totally wrong time. Then I'm left with $100,000 of debt with nothing to show for it. I'm ****ing stuck in the middle because i'm already on my last semester of my junior year so it wouldn't make sense to stop now. FML Just thought you would all like to know!!!!!!!!!!! Ugh, have fun for me this summer guys ='(
Siggy Maker & All Round Good Guy
Joined: Nov 2008
Posts: 542
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From: Southern Cali baby!
Last semester?
Do Not Drop out!
Keep the bike but sell any other valuable that you own on ebay.
Better yet, GPA higher than 2.0? Get a grant. There was a seminar at my college where i heard that if you put in enough grant apps you are bound to get one. Check in with financial aide. Google college grants.
EDIT: 2500 is not that bad. I am over 5k to the courts and and collections. They intercepted my state income tax return not to mention my credit is screwed. Dude you have it good. I am on my first semester lol and i dont even have a job. I do have my bike though.
Do Not Drop out!
Keep the bike but sell any other valuable that you own on ebay.
Better yet, GPA higher than 2.0? Get a grant. There was a seminar at my college where i heard that if you put in enough grant apps you are bound to get one. Check in with financial aide. Google college grants.
EDIT: 2500 is not that bad. I am over 5k to the courts and and collections. They intercepted my state income tax return not to mention my credit is screwed. Dude you have it good. I am on my first semester lol and i dont even have a job. I do have my bike though.
Last edited by Endless; Mar 25, 2009 at 11:43 PM.
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What a bastard ... 
Mate , does the school offer any options? , like payment systems over the year? How about family? ...do you have any close by or that could help you out ? Or would they just tell you to sell the bike ?
I know none of us can do much except suggest proly impossible ideas to you , but remember you are not alone man ...
I think dropping out is the very worst thing anyone could choose to do ..
Bikes can be replaced ...and your education will pay for many other bike's further down the road
Nothing else I can think of , except to remind you that there will be more summers........sorry mate
BTW- when I ever feel cornered and feel like things suck....I always try to remember that some peeps are worse off than me ..... some are in hospital all smashed up from crashes and some sick as dogs with bad illnesses and allot of them will miss many summers ...
chin up and don't sell her till the last minute ...just in case you come up with a different solution..
Mate , does the school offer any options? , like payment systems over the year? How about family? ...do you have any close by or that could help you out ? Or would they just tell you to sell the bike ?
I know none of us can do much except suggest proly impossible ideas to you , but remember you are not alone man ...
I think dropping out is the very worst thing anyone could choose to do ..
Bikes can be replaced ...and your education will pay for many other bike's further down the road
Nothing else I can think of , except to remind you that there will be more summers
........sorry mate BTW- when I ever feel cornered and feel like things suck....I always try to remember that some peeps are worse off than me ..... some are in hospital all smashed up from crashes and some sick as dogs with bad illnesses and allot of them will miss many summers ...
chin up and don't sell her till the last minute ...just in case you come up with a different solution..
Senior Member
Joined: Mar 2006
Posts: 663
Likes: 1
From: Brooklyn
Wow, $100 large is a lot of debt. School has sure gotten a lot more expensive since my day. I was able to able to take classes four nights and one day a week, and work nearly full time. It wasn't easy, and took longer than if I had gone full time, but I had a pretty manageable student loan when I finished.
But Classic is 100% right, even if he and I sound like a couple of old men (which we are). Your education will pay for itself many times over during your lifetime. Right now isn't the best time to be entering the job market, in finance or anything else, but you're still way ahead of people who don't have your education. And the economy will pick up some day, hopefully soon.
Sell the bike if you have to. You'll be able to buy a new one whenever you can afford it. Right now what's important is finishing school, especially since you're so close. I have friends who started college, didn't stick with it, and now twenty-five years later, they still don't have a degree. Once you walk away, it's a lot harder to get back into.
But Classic is 100% right, even if he and I sound like a couple of old men (which we are). Your education will pay for itself many times over during your lifetime. Right now isn't the best time to be entering the job market, in finance or anything else, but you're still way ahead of people who don't have your education. And the economy will pick up some day, hopefully soon.
Sell the bike if you have to. You'll be able to buy a new one whenever you can afford it. Right now what's important is finishing school, especially since you're so close. I have friends who started college, didn't stick with it, and now twenty-five years later, they still don't have a degree. Once you walk away, it's a lot harder to get back into.
Senior Member
Joined: Sep 2008
Posts: 312
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From:
Don't drop out. Just pick your head up, stick your chest out, and handle it. It will go by FAST, and be done before you know it. You'll feel worse paying off a loan with no degree to show for it I promise you that.
Student Aide is EVERYwhere and the rates/terms are so amenable you shouldn't even worry about it. 100k might seem like a lot now, but in a few years it won't seem like AS much money to you.... The degree with pay for itself....
Student Aide is EVERYwhere and the rates/terms are so amenable you shouldn't even worry about it. 100k might seem like a lot now, but in a few years it won't seem like AS much money to you.... The degree with pay for itself....
yea dont drop out man
im about the same as you as far as graduating goes
i have to take a summer class and 15 hours in the fall and ill graduate Dec 09
like was said before, with a college education ur going to get a better job, and with that better job ull be able to get abike again
i know its a hard decision now, cuz no one wants to give theyre bike up, but you have to do what you have to do.
if you drop out ull have a bike... and prob not be able to even find a job, and if you do it will be a $8 per hour job, that ull prob get laid off from anyway.
Get the degree man
im about the same as you as far as graduating goes
i have to take a summer class and 15 hours in the fall and ill graduate Dec 09
like was said before, with a college education ur going to get a better job, and with that better job ull be able to get abike again
i know its a hard decision now, cuz no one wants to give theyre bike up, but you have to do what you have to do.
if you drop out ull have a bike... and prob not be able to even find a job, and if you do it will be a $8 per hour job, that ull prob get laid off from anyway.
Get the degree man
I found a way to suffer other hardships without lettin go of the bike. There is always a way (legal) to make a few extra bucks while keeping hold of the things that are valuable to you. Your challenge ,should you accept it, is to keep the bike and make school happen too.
Don't be afraid of physical labor, odd jobs, temp employment agencies, and Handiman stuff. These aren't the glory jobs but there is work for those who seek it out.
Good luck has little to do with it...Work hard.
Don't be afraid of physical labor, odd jobs, temp employment agencies, and Handiman stuff. These aren't the glory jobs but there is work for those who seek it out.
Good luck has little to do with it...Work hard.
Senior Member
Joined: Sep 2006
Posts: 1,266
Likes: 6
From: Washington, DC
I am in a similar pickle, accept that my pickle is post graduation. I can't find a job that pays any sort of a decent wage. Since graduating college, I have been working three jobs... none of which require a degree of any sort. On top of that, I am not able to consolidate my loans because of the credit crunch. So. here I am stuck with many student loans in an individual state paying $1300 a month. I tried to get a forbearance but was denied because I was employed. Fair enough, how about lowering the payments. They would, but charge 11% interest on the difference which would mean that I would be charged interest twice on the same money. I have looked into bankrupcy and that isn't an option because it doesn't relieve you of student loan debt, only things like credit card, mortgage, etc.
I'm way behind on payments and they are now threatening me with wage garnishment and other legal tools to get any more money than what I can give them. I sold my bike to my brother for $1 to transfer the title out of my name. Other than that, I have nothing else to my name. I laughed at them when they threatened to take my tax return... told them that I owe $1K between Fed and state (even while claiming 0). I was kinda hoping that they would take the debt on but they turn me down. They then threatened me with saying that my savings and 401K would be garnished... informed them that my jobs don't pay enough to have a savings account or provide a 401K. At this point, all they can do is garnish my wages and when that happens , I guess I will just quite.
So my advice to you is to start looking for what you are going to do with your loans post graduation now. The six months that the lenders give is NOT enough time. You will run through it before you know it. I thought that I was ahead of the game by looking for a job a year before I graduated. Well, I am still searching/applying and it has almost been two years. I figured that I would have found a job by now or a year after graduation at max. Plan on a worst case scenario and start looking for a lender to consolidate with before you graduate, you'll need the extra time.
I'm way behind on payments and they are now threatening me with wage garnishment and other legal tools to get any more money than what I can give them. I sold my bike to my brother for $1 to transfer the title out of my name. Other than that, I have nothing else to my name. I laughed at them when they threatened to take my tax return... told them that I owe $1K between Fed and state (even while claiming 0). I was kinda hoping that they would take the debt on but they turn me down. They then threatened me with saying that my savings and 401K would be garnished... informed them that my jobs don't pay enough to have a savings account or provide a 401K. At this point, all they can do is garnish my wages and when that happens , I guess I will just quite.
So my advice to you is to start looking for what you are going to do with your loans post graduation now. The six months that the lenders give is NOT enough time. You will run through it before you know it. I thought that I was ahead of the game by looking for a job a year before I graduated. Well, I am still searching/applying and it has almost been two years. I figured that I would have found a job by now or a year after graduation at max. Plan on a worst case scenario and start looking for a lender to consolidate with before you graduate, you'll need the extra time.
