View Poll Results: Are student loan interest rates to high?

Voters
44. You may not vote on this poll
  • Yes

    31 70.45%
  • No

    9 20.45%
  • Maybe

    3 6.82%
  • Don't know

    1 2.27%
Page 12 of 24 FirstFirst ... 2101112131422 ... LastLast
Results 111 to 120 of 234

Thread: Are student loan interest rates to high?

  1. #111
    Sit Nomine Digna
    Carjosse's Avatar
    Join Date
    Jul 2012
    Location
    Montreal, QC, Canada
    Last Seen
    Today @ 06:44 PM
    Gender
    Lean
    Liberal
    Posts
    11,190

    Re: Are student loan interest rates to high?

    Quote Originally Posted by tres borrachos View Post
    I never mentioned Spanish, German, etc.

    You don't know about the study of Latin...obviously. It's a fascinating subject you may want to Google. More than 50% of the words in the English language have Latin roots. Most of the words you find in medicine, law, diplomacy, literature, philosophy, anthropology, animal studies, and so on have Latin roots. Latin enables an English speaking person to easily learn the Romance languages because of the common roots in Latin. Most of the most common words you use every day come from the Latin. Latin is ties directly to the Roman Empire, and when the empire fell, the Latin language increased in dominance rather than becoming obsolete. Students who study Latin score far better on their SATs. I could go on an on but the rest you should learn on your own.
    You could also just learn a Romance language and it would probably be far more useful. You do not need to know Latin to use Latin words.

  2. #112
    Kinky
    tres borrachos's Avatar
    Join Date
    Feb 2012
    Location
    New England
    Last Seen
    Today @ 08:31 AM
    Gender
    Lean
    Moderate
    Posts
    39,119

    Re: Are student loan interest rates to high?

    Quote Originally Posted by Carjosse View Post
    You could also just learn a Romance language and it would probably be far more useful. You do not need to know Latin to use Latin words.
    Yes, that relates to what I posted, because we all know how many Romance words are at the root of law, and medicine, and so on.
    Horse sense is the thing a horse has which keeps it from betting on people. ~W.C. Fields

  3. #113
    Guru

    Join Date
    Jul 2013
    Last Seen
    07-04-15 @ 04:17 PM
    Lean
    Undisclosed
    Posts
    3,032

    Re: Are student loan interest rates to high?

    Quote Originally Posted by Carjosse View Post
    You could also just learn a Romance language and it would probably be far more useful. You do not need to know Latin to use Latin words.
    I had very good grammar growing up because my dad was an English major so we grew up knowing how to speak properly (can't say I've retained it all...) But it was my Spanish class that taught me what the parts of speech were called and WHY things were in a certain order. I'm sure Latin would have done even more of that.

    Learning any language helps us with our main language (in my opinion). But latin would be great because it's the root of so many languages.

    But I apologize -I've gone way off-topic.

  4. #114
    Sage
    Phys251's Avatar
    Join Date
    Jul 2011
    Location
    Georgia
    Last Seen
    Today @ 05:42 PM
    Gender
    Lean
    Slightly Liberal
    Posts
    12,734

    Re: Are student loan interest rates to high?

    Quote Originally Posted by tres borrachos View Post
    Latin is a dead language. You can't converse in it. And Latin most certainly does impact grammar. The distinction in English between words like I and me come directly from the Latin cases for words.
    Maybe. But many cases and grammatical rules have changed since then. For instance, dative vs. accusative isn't a thing in the English language; we just have objective and subjective forms.
    "A man you can bait with a tweet is not a man we can trust with nuclear weapons." --Hillary Rodham Clinton
    "Innocent until proven guilty is for criminal convictions, not elections." --Mitt Romney

  5. #115
    Sage
    Geoist's Avatar
    Join Date
    Aug 2012
    Last Seen
    Today @ 01:58 PM
    Gender
    Lean
    Libertarian - Left
    Posts
    9,901

    Re: Are student loan interest rates to high?

    Quote Originally Posted by MildSteel View Post
    Banks are borrowing money at almost zero percent interest rates. However student loan customers are being gouged at interests rates ranging from 4.7 to 7.2 percent. Why is it that are elected representatives in the government are allowing the people to be robbed in this way?
    My federal student loan: 6.8%
    My car loan: 6.2%

    Department of Education is profiting in the hundred of billions from the last 6 years or so. Yes, student loan interest rates are too high.
    "Men did not make the earth ... it is the value of the improvement only, and not the earth itself, that is individual property... Every proprietor owes to the community a ground rent for the land which he holds." -- Thomas Paine, Agrarian Justice
    http://www.wealthandwant.com/

  6. #116
    Kinky
    tres borrachos's Avatar
    Join Date
    Feb 2012
    Location
    New England
    Last Seen
    Today @ 08:31 AM
    Gender
    Lean
    Moderate
    Posts
    39,119

    Re: Are student loan interest rates to high?

    Quote Originally Posted by Geoist View Post
    My federal student loan: 6.8%
    My car loan: 6.2%

    Department of Education is profiting in the hundred of billions from the last 6 years or so. Yes, student loan interest rates are too high.
    Your student loan:unsecured
    Your car loan:secured

    That car loan rate is high. Why don't you refinance it?
    Horse sense is the thing a horse has which keeps it from betting on people. ~W.C. Fields

  7. #117
    Sage
    Geoist's Avatar
    Join Date
    Aug 2012
    Last Seen
    Today @ 01:58 PM
    Gender
    Lean
    Libertarian - Left
    Posts
    9,901

    Re: Are student loan interest rates to high?

    Quote Originally Posted by tres borrachos View Post
    Your student loan:unsecured
    Your car loan:secured
    How so?


    That car loan rate is high. Why don't you refinance it?
    My car is used, not new.
    "Men did not make the earth ... it is the value of the improvement only, and not the earth itself, that is individual property... Every proprietor owes to the community a ground rent for the land which he holds." -- Thomas Paine, Agrarian Justice
    http://www.wealthandwant.com/

  8. #118
    Kinky
    tres borrachos's Avatar
    Join Date
    Feb 2012
    Location
    New England
    Last Seen
    Today @ 08:31 AM
    Gender
    Lean
    Moderate
    Posts
    39,119

    Re: Are student loan interest rates to high?

    Quote Originally Posted by Geoist View Post
    How so?




    My car is used, not new.
    Um, you don't know the difference between a secured loan and an unsecured loan?

    A secured loan contains collateral which the lender has a lien on while the loan is outstanding. If you default on your car loan, as much as they don't want to, they can and will seize your car which will enable them to recoup some of the loan. They can't repossess your college courses.

    The average used car loan rate for a 36 month loan in this country is 5.15% as of last week.
    Horse sense is the thing a horse has which keeps it from betting on people. ~W.C. Fields

  9. #119
    Sage
    KevinKohler's Avatar
    Join Date
    Oct 2011
    Location
    CT
    Last Seen
    Today @ 06:44 PM
    Gender
    Lean
    Undisclosed
    Posts
    15,972
    Blog Entries
    1

    Re: Are student loan interest rates to high?

    Quote Originally Posted by tres borrachos View Post
    Student loans are among the most risky loans to be had.

    You have a borrower with no credit history. You have no collateral. You have an outstanding debt without payment for years. And if you knew anything about banking (it does not appear that you do), carrying a balance on their books for decades is not what they're supposed to do for many reasons.

    Most banks aren't in the student loan business anymore and most of them are damn glad they aren't.
    Banks don't sit on them, they sell them to companies like Nelnet, who use them as colateral.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

  10. #120
    Kinky
    tres borrachos's Avatar
    Join Date
    Feb 2012
    Location
    New England
    Last Seen
    Today @ 08:31 AM
    Gender
    Lean
    Moderate
    Posts
    39,119

    Re: Are student loan interest rates to high?

    Quote Originally Posted by KevinKohler View Post
    Banks don't sit on them, they sell them to companies like Nelnet, who use them as colateral.
    Nelnet is a loan servicing company. There are something like 15 of them which were granted contracts by the government to service student loans. And? Banks have been selling loans to servicers for years. When you retain servicing, your capital is tied up in that loan.
    Horse sense is the thing a horse has which keeps it from betting on people. ~W.C. Fields

Page 12 of 24 FirstFirst ... 2101112131422 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •