What I don't like is people who have so much going for them, but blame everyone but themselves for not doing what seems like just the last step before success of some sort.

ya know, i just got to thinking. I keep hearing that black unemployment is at record lows...but...I am pretty sure there was a period in US history where it was even lower...

And the military helps retirees if they have a disabled dependent

good thing about debt... is that 99% of the time inflation is happening and your debt gets smaller and smaller without even paying it off... if you get a interest free student loan its totally worth it

Wait does that mean you never use credit cards either?

its immensely valuable

I don't have credit.

Are you in debt?

No.

Do you not spend money?

Barely.

We have a seperate word for predatory loans, usury

A loan that isn't evil is just a loan

I guess if you wouldn't meet the minimum spends, then credit may not be worth it.

I have no acheivable goal to continue staying alive into the future.

Nothing to invest in.

Everything seems like a trap.

do you have a yard?

I'm so glad I avoided college.

I cannot explain to you how well my hesitation paid off in that regard.

you have an overactive sense of danger

Some people, like my family, use credit cards without every accruing interest because its just easier than cash transfers, wouldn't be possible without systems of loans and confidence though.

If you do meet minimum spends, and you don't have some moral objection to the behaviour of your creditors (for example, I don't like how MasterCard does business), then I don't understand not using credit cards.

How overactive is it, when I avoided college debt despite everyone around me recommending it.

Look at the crisis now.

Indeed

"crisis" pft.

Unless you are very sure of the value of loans you take for education, you are being foolish.

@Paradox It's a lot of debt, and the people holding it are _very_ resentful.

I sound like a sensible fuckin' man that's what I sound like.

Visa loses money by having me as a customer so I don't think that much about their practices

ya if I found out I spent 10 of thousands of dollars on education and I am still a retard, I'd probably be pretty pissy too.

Here's something the colleges do that not everyone knows about

They boast a hiring rate, right?

The crisis is not the magnitude of the debt, or even the prospect that it might default at a high rate (though those two things cooperate to enhance the danger): the crisis is that the way it is "resolved" may be an immense political goldmine.

sorry, not "spent" "borrowed"...

Well a lot of these colleges have companies that will take on students for awhile just to fire them in a little while, so they can have that hiring rate.

They boast hiring rates?

Yes.

I feel like the schools should be selling insurance then

Do they even bother to break it down by major?