This is a time of financial hardship for everyone. We’re all pinching pennies, breaking piggy banks, and packing lunches to stretch those green bills as far as possible. As a newbie to the workforce, I see the strain the economy has put on recent graduates. No only are jobs non existent, but many degree possessing youth also owe a butt load of money in loans. Wasn’t 4 years of my life enough? Sheesh!
When in school, few college students think about the money that they’re going to have to pay back 3-6 months after graduation. All they know is booze, shopping, and dropping tons of cash on crap they can’t afford. Yes, the good old refund check was the best friend to many. I remember kids skipping class because it was refund check day. Now, all that binging has turned into a bill that is more than their rent.
I personally know people who have monthly payments to Sallie Mae in the thousands. I guess that where $40,000 tuition and lack of proper planning lands you, in the poor house. The sadder thing about the situation is that the same kids don’t have jobs. It sucks to see my friends ducking and dodging phone calls and changing their numbers to avoid paying back student loans. Seriously, do loan companies not take into consideration this toilet of an economy we’re living in?
Well, if you owe then you better pay. The mood of payment notices gets progessively more threatening as time passes. When it all comes down to it, Sallie Mae will hunt you down like the broke ass you are and MAKE you pay. They’re like Dog the Bounty Hunter or somebody. As long as you breathe and need to buy toilet paper, Sallie’s goons will track you DOWN! Sleep with one eye open people. They’re watching!
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