Debt

That's fucking absurd, at most we pay like 1500 euro a year ourselves (although some educations require you to get a laptop if you don't have a recent one etc), take in mind though we get money to pay our bills aswell, including to pay the school.
When i start college next year i will have to pay about 1000 euro, then another 300 for books, but i will be getting 560 euro (with a possible 160 euro extra as a loan) each month to live from, which is actually possible to do depending if you take the loan, otherwise it will be tight. I will work next to it, but i shouldn't need to get any loans during those 3 years aside from the 160 euro a month, which you have to pay back over 10 years or something, which is really minor compared to what you all have to pay...

This definitely makes you appreciate the Dutch education system.

uuu.. I think i kinda paid everyone back :)

Btw can someone move this to the outerworld, i think this is actually a interesting topic.

Yeah, I'm going back to school for Audio Engineering and Producing, which will cost me $10k a semester... :(

uni charges us 3000 a year and it rises by about

That's really sick. It really makes it nearly impossible for people to get a proper education unless they got rich parents.

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Originally Posted by GohanSSJ

That's really sick. It really makes it nearly impossible for people to get a proper education unless they got rich parents.

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the loans are available to anyone and are actually alot of help but tbh the amount opf debt it puts us in is rediculouse, luckily we don't have to start paying it off till we start earning a minimum of

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Originally Posted by DaCheat

I'm close to it about $9k with student loans and credit cards.

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I think the only Debt. im in is like $3 to Jake a friend of mine, After next year. ill be getting some student loans and whatnot. Then ill have debt via college

Credit Cards are a leading cause to debt. There Evil.

The majority of the people here in the Netherlands don't have a credit card. ;)

I wish I had a credit card, but I'm only 13 and I would waste it all and be in debt.

I do owe my parents

Ofcourse, debt can be to anyone.

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Originally Posted by GohanSSJ

The majority of the people here in the Netherlands don't have a credit card. ;)

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The Citizens of the Netherlands are Wise. Wish the people of the US could be like that. then we wouldnt have rising debts daily. Credit card is the money you dont have. but you must pay it back with interest later. its just no fun at all. Dont ever get one.

On another note. When you go to uni and whatnot. Why do they charge so much?

Then I am in

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Originally Posted by CodeinCody

The Citizens of the Netherlands are Wise. Wish the people of the US could be like that. then we wouldnt have rising debts daily. Credit card is the money you dont have. but you must pay it back with interest later. its just no fun at all. Dont ever get one.

On another note. When you go to uni and whatnot. Why do they charge so much?

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the government eats most of the money we pay...it costs

There is absolutely NO reason to have a credit card, those with debts cos of credit cards deserve it tbfh. How can you spend money you do not have?

Btw Gohan, debts from student loans are extremely common, but From what i have read, the aussie system beats all. If you do not earn over a certain amount (might be $35,000 a year) within 7 years of graduating, the government pays off your student loan for you. However, University here is extremely expensive; you are looking at $10,000 a semester. Over 4 years, with 2 semesters each, that's $80,000 for an engineering degree.

As it stands, my government pays 1/2 of my college fees. I pay $700 a year, they pay $700 a year. They also match anything i put towards my superannuation (up to $1,500 per year).

Rishwin, we get money while we study, if you were to live at home while you study then you can go through the whole study without paying a single dime, ever.

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Originally Posted by Rishwin

There is absolutely NO reason to have a credit card, those with debts cos of credit cards deserve it tbfh. How can you spend money you do not have?

Btw Gohan, debts from student loans are extremely common, but From what i have read, the aussie system beats all. If you do not earn over a certain amount (might be $35,000 a year) within 7 years of graduating, the government pays off your student loan for you. However, University here is extremely expensive; you are looking at $10,000 a semester. Over 4 years, with 2 semesters each, that's $80,000 for an engineering degree.

As it stands, my government pays 1/2 of my college fees. I pay $700 a year, they pay $700 a year. They also match anything i put towards my superannuation (up to $1,500 per year).

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our system is very similar but rather than writing off the debt if you don't earn the 15k a year for a certain amount of time they right it off after 20 or so years, if it hasn't been paid in full by then then it's written off and nothing more has to be paid and as I said before you only start paying it when you earn a minimum of 15k a year. aswell as that your fees for university are roughly the same as ours, well they're about 1k more a year.

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Originally Posted by GohanSSJ

Rishwin, we get money while we study, if you were to live at home while you study then you can go through the whole study without paying a single dime, ever.

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That's not true, I'm pretty sure you have to pay admission fees and such. It's not much though.

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Originally Posted by GohanSSJ

Rishwin, we get money while we study, if you were to live at home while you study then you can go through the whole study without paying a single dime, ever.

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You'll be surprised.

Over here there are some pretty fucked up parents. The moment their child turns 18 they either a) kick them out, or b) start charging them for board and food, close to the same amount they would be paying if they had their own place.

Don't see how parents can do that then wonder why their children finally move out and never come and visit them again.

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Originally Posted by Rishwin

There is absolutely NO reason to have a credit card, those with debts cos of credit cards deserve it tbfh. How can you spend money you do not have?

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A credit card is the "Pay Later" Plan type deal. and your right there is no reason to have one, myself i will never get one.

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Originally Posted by Pieman

That's not true, I'm pretty sure you have to pay admission fees and such. It's not much though.

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Ofcourse, but seeing as you get money, you can pay those with that money.

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Over here there are some pretty fucked up parents. The moment their child turns 18 they either a) kick them out, or b) start charging them for board and food, close to the same amount they would be paying if they had their own place.

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I know all about it, my dad kicked me out at 18, still that's besides the point, point is that everyone can get a good education without having to need money or get a huge debt.

im getinn 500 - 600

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Originally Posted by GohanSSJ

You gained 90 pounds? Better start doing some excersizing then... :P

Anyway i'm +4 digits, won't disclose the exact number though. ;)

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I lol'd

lol @ students crying about debt :P go get a loan with some real interest!

personally im only about