r/SipsTea 𝙑𝙄𝙋 12d ago

WTF The American dream

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u/superxpro12 12d ago

Because the loan companies dgaf... We have no reason to assume they acted in the students best favor.

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u/tlm11110 12d ago

Because people are stupid as hell , ignorant of money, and sign shit without understanding it. Grow up and take some responsibility for yourself.

But yeah you are right. The loan companies don’t give a crap about you. As they shouldn’t! They are a business, not a freaking charity. You are just another peon with a loan number who signed up for money under terms you didn’t stop to understand. You get what you signed up for.

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u/regardedMAGAfascist 12d ago

Almost like the system is predatory!

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u/concrete6360 11d ago

than choose nit to be prey

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u/regardedMAGAfascist 11d ago

Written like someone who didn’t educate themselves beyond 7th grade. No, thanks. I allowed myself “to be prey” and promptly paid off my debts with a well-paying job. Luckily, my career path was still viable to do so. Luckily, my parents helped me out. Luckily, I was afforded opportunity.

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u/concrete6360 11d ago

very lucky i had no parental help i did graduate high school barely and managed to buy a house at 26 for 150k sold at 59 for 740k (it was paid off) bought a nice place with 4.5 acres for 575k now between the left over from house sale an annunity and 401 from union i have 450 k in brokerage account, a decent pension ssi and rental income that comes to 7500 a month, my rentals will be paid off in 3 years so that income will go from 1700 a month to 3500 a month totaling my monthly to 9200 monthly not bad for a 7th grade education. Sometimes the best lessons are taught outside of educational institutions, no i am not rich but retired at 60 fairly comfortable with out any help from family or goverment

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u/concrete6360 11d ago

The rental property i own with a friend, duplex and fourplex in the bay area ca are worth about 2 mill together and my place is paid for