[TheQuietKidd]

lily lily:

I paid 12 grand for my diploma. I had housing and food costs too, as well as the expenses that come with raising a couple of kids.

If you're that worried about repaying your loans, then why are you working your way toward what you feel is a useless degree? That's your choice, and you shouldn't expect the taxpayers to pay for it.

I'm assuming you were already fairly established when you went back to school, I was 18 when I arrived, many of the people that are going into first year are only 17 at the time. That's one, maybe two years of part time work (maybe some full time during the summer) at minimum wage (if they're lucky, maybe student wage 80)
And I don't feel it's a useless degree, it's something that I love and that I feel I can do some real work in, only problem is, it doesn't pay out for a while. Maybe I'll end up like the guy working in the caf with a BA in Psych.

[TheQuietKidd]

lily lily:

Maybe. But that's a choice you make for yourself.

$1:

I'm assuming you were already fairly established when you went back to school,

Don't.

As I already pointed out, I had a couple of kids and their expenses to deal with, in addition to the food, gas, housing etc. already mentioned.

Were you making more than $6 an hour for the two years prior to that? I know people that have had to help pay for their parents and siblings through high school while still trying to get an education and while being too proud to go on welfare. They get the marks to get into school, but need a loan and still need to work during school, 4 years from now and $50k in debt later they'll still need to get hired, six months after that the interest starts. And he's still supporting his family, with a little coming in from the older siblings.

[TheQuietKidd]

Can any of out British members please enlighten us to the costs of tuition there?

[sasquatch2]

Creditors can successfully collect the debts deceased from familly members. In many cases from parents debts.

This is why certain loans/mortgages are life insured.

[martin14]

you are right, sasquatch.

This is an easy fix.. attach some life insurance to the loans.

Make it mandatory.. the rates and money should be very low, because these are mostly young people in school.

If the student dies, the insurance pays out the student loan .. end of problem.

This arises because noone thinks they will die before the loans are repaid.. fair enough, but it shows people are unwilling to be responsible for themselves.

By the Way, for anyone thinking of getting a mortgage, this life insurance is a very important component. When my father died, the mortgage on the house was insured and the company paid the mortgage. It was the only way my mother was able to stay in the house; otherwise she would been thrown out into the street.

Would you really like to leave that situation behind when you die ???

[dog77_1999]

TheQuietKidd TheQuietKidd:

mtbr mtbr:

Why should half the loan be forgiven when more than half the cost of an education is already paid by the taxpayer.

Did you ever go to Uni? How much did it cost you? I could theoretically come out of University with over $50k in debt, how the fuck is that fair? Just so I can get an education, and with Anthropology, what's the chance I'm going to get a good paying job with just a BA? So I pay even more for my MBA, then do my doctoral studies, then I'm up to my fucking eyeballs in debt, so I have to work for 20 years before I can fully pay the fucking thing off.
Field work better be fucking amazing, maybe I should just... disappear on the job in some foreign country, leave a few bloodied up rags and a toe or something. lol

The whole point of higher education is to get a higher paying job. Perhpas you should consider better fields that can give a better rate of return on your money. (ie engineering or doctor)

[ShepherdsDog]

lily lily:

ShepherdsDog ShepherdsDog:

$1:

No, it isn't.

yes. it is.

$1:

Advocates of student loan reform say Ottawa should end the practice, which often results in collection agencies seeking to recoup the funds from grieving parents and family members.

$1:

But the death of a student is usually sudden and unexpected, such as in a car accident, and typically results in no estate being left behind, Benedict said.

"What they're doing, in most cases, is collecting from the grieving parents," he said.

"We have received calls at the coalition from distraught parents and family members who are receiving calls from the government's collectors, trying to collect on the debts of their dead children."

Yeah, I read that part, but I decided to focus on the factual paragraphs, rather than the ones obviously intended to appeal to the emotions.

In your opinion, but this isn't your home and we're not your friends or family so we don't have to see your opinion as fact.

[ShepherdsDog]

lily lily:

Maybe. But that's a choice you make for yourself.

$1:

I'm assuming you were already fairly established when you went back to school,

Don't.

As I already pointed out, I had a couple of kids and their expenses to deal with, in addition to the food, gas, housing etc. already mentioned.

And an ex-husband who in all probability also submitted a hefty chunk of change towards all the expenses you listed. There's a big difference between your situation and his, as there is between all of us. I was able to pay for both of my degrees without having to use loans or borrow money. The only time I've borrowed any money was to do a few reno on our home in Winnipeg, which came to $30 000, an amount that was paid one year after it was borrowed.

At the time I was going to university for my B.Ed the interest rate being charged was 9 and 3/4. I chose not to do a Masters for this reason. I could afford a Bachelor's degree without going into debt. I chose to do a B Sc in enginnering because it would pay more in the end then an M. Ed. would. I feel sorry for those have spent all that money and time in university and end up with $15/hr job.....if they're lucky. The system definitely needs to be overhauled. Canada should be investing in its own citizens rather than hopeless Third World shitholes. If you want to forgive debt they should start with student loans, small business and farm loans, rather than Lower Swazizibothswannaeatmyneighboursandkilltheinfidels. Charity starts at home.

[martin14]

uhh Dog.. lemme ask you a question..

if you die today, whos gonna pay to ship ur body back to Canada ??

who is going to pay the funeral / cremation ??

any debts you have ?? mortgage, etc.

if not the wife, then your parents or God forbid your kids get to pick it up..


ever thought of it ???


same problem with these kids.. they fail to think about such things...
and the parents dont think of it either.

so maybe the story is a good thing, if it opens the eyes of some members here...

[ShepherdsDog]

Ahhh... I was prudent enough, early enough in life. Mortgage? My wife and I own two houses, both bought and paid for. Total debts are absolutely zero. Burial plots were bought and paid for before I was born. Good luck and good management played a factor in our situation. We've made sacrifices that have paid out in the end. Any money. I can't stress it enough, no matter how much money you have invest it. Rather than opening a bank account buy shares in a bank.....once you get a little more derivatives are great ways to make money

[kenmore]

I dont think half post secondary education is paid by tax payers..?
my kids all went to university and the tuition was paid by yours truly.. my oldest has his Phd and he paid for it... he didnt qualify for funding.. but yes I believe half should be forgiven if they complete the program and graduate.. many countries post education is paid ... people are coming out so far in debt.. they cant make ends meet...

[Tricks]

ShepherdsDog ShepherdsDog:

Ahhh... I was prudent enough, early enough in life. Mortgage? My wife and I own two houses, both bought and paid for. Total debts are absolutely zero. Burial plots were bought and paid for before I was born. Good luck and good management played a factor in our situation. We've made sacrifices that have paid out in the end. Any money. I can't stress it enough, no matter how much money you have invest it. Rather than opening a bank account buy shares in a bank.....once you get a little more derivatives are great ways to make money

R=UP Great work Shep. My Parents did much of the same things that you did.

[Tricks]

kenmore kenmore:

I dont think half post secondary education is paid by tax payers..?
my kids all went to university and the tuition was paid by yours truly.. my oldest has his Phd and he paid for it... he didnt qualify for funding.. but yes I believe half should be forgiven if they complete the program and graduate.. many countries post education is paid ... people are coming out so far in debt.. they cant make ends meet...

Part of tuition is paid for by the government in Canada. That's why its like 4 K tuition here instead of 10 per year.

[mtbr]

kenmore kenmore:

I dont think half post secondary education is paid by tax payers..?
my kids all went to university and the tuition was paid by yours truly.. my oldest has his Phd and he paid for it... he didnt qualify for funding.. but yes I believe half should be forgiven if they complete the program and graduate.. many countries post education is paid ... people are coming out so far in debt.. they cant make ends meet...

just how old are you