March 31st, 2010
|12:41 pm - living beyond my means|
so, given all of this, specifically that your monthly payments under IBR are not tied to the total amount you owe, and that i plan to do public interesty stuff so my debts are wiped after 10 years, is there any particular reason i shouldn't be living large on my student loans? i feel like there must be, because otherwise i am eating gold-plated caviar every night, but it seems to add up nice to me. am i missing something, or is my life about to get baller?
EDIT i think people are maybe taking my humor seriously. i am not planning to buy a yacht or anything. just as a point of comparison, my roommate eats out for every meal because he doesn't like to cook. in my mind, that is high class living (except usually he gets ABP or something boring, but besides the point)
Current Location: United States, Boston, Forsyth St, 53-65
because you are a moral person? I actually didn't click your link because Im at work finally but uhm, okay. so my friend mike used student loans to cover his rent as well, here in the DC area, when he was getting his law degree and recommended I not do that, because of the debt racked up.
i mean obvs the gold plated lobsters or whatever i said was not true. but i would like to be able to go down the st and get a burrito or whatever more often when i don't feel like cooking. these rules are new as of like june or so last year, so it may not have existed for mike. by the new rules, if you have the right type of loan, your monthly payments are not tied to the total amount you owe, so racking up debt doesn't seem to matter anymore.
take notes on living large?
9am- awoke; dismissed grape-peeling servants for their morning constitutional. diamond-encrusted omelette for breakfast AGAIN, i really must speak with my chef about this sloth.
|Date:||April 1st, 2010 03:06 am (UTC)|| |
i sort of misread that as you waking up surrounded by grape-peeling sloths.
|Date:||March 31st, 2010 09:21 pm (UTC)|| |
student loans are to pay for school. that means tuition, living expenses, books, etc. Don't go crazy but if you have a couple grand left over, and you buy a burrito you couldn't afford without the loans, it's not like, fraud or anything.
I kept all my extra money from loans throughout the summer, rather than paying it directly back. at the end, when I got my degree, I ended up sending about half staight back before the interest kicked in, but I used up the other half paying for college... which including eating and paying for my apartment.
yeah i'm certainly not planning to defraud anything. mostly it would involve eating out more, which knowing my tastes won't be bank-breaking anyway.
FUCK BITCHES PARTY HARD SPEND SPEND SPEND GOLD GRILLZ
that is what my will is going to say.
no my tombstone will say BRB