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Glen Beck

aerialaerial Posts: 2,319
edited October 2011 in A Moving Train
Schools rising cost....



http://web.gbtv.com/media/video.jsp?content_id=19837391&topic_id=24584158&tcid=vpp_copy_19837391&v=3
“We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution.” Abraham Lincoln
Post edited by Unknown User on

Comments

  • BinauralJamBinauralJam Posts: 14,158
    he's like a demented school teacher
  • Chip McFlenniganChip McFlennigan Posts: 1,162
    I hate to say it, but, he raises some very good points. It's not often that I agree with Glenn Beck, but, it's pretty black and white in this video.
    I knew it all along, see?
  • CH156378CH156378 Posts: 1,539
    looks like he got a new stylist. i love the rips in the jeans. was that a goatee? or his fat double chin? i couldn't tell.

    side note: glen beck is insane.
  • Champaign breakfast for everyoChampaign breakfast for everyo Posts: 68
    The reason people blame the banks is because they give you a loan that cannot be paid off. I know many people that have been paying on thier student loans for over ten years and they owe more now then when they got the loan. The only way to pay it off is to make multiple payments throughout each month as to not just pay off most of the interest.

    I cant believe I watched that.

    It was funny when he made fun of the protesters,...I think he barrowed thier pants.

    PS that goat T is a shock absorber for a high speed cock sucker.
  • chadwickchadwick up my ass Posts: 21,157
    Champaign breakfast for everyone wrote:
    The reason people blame the banks is because they give you a loan that cannot be paid off. I know many people that have been paying on thier student loans for over ten years and they owe more now then when they got the loan. The only way to pay it off is to make multiple payments throughout each month as to not just pay off most of the interest.

    I cant believe I watched that.

    It was funny when he made fun of the protesters,...I think he barrowed thier pants.

    PS that goat T is a shock absorber for a high speed cock sucker.


    :lol:

    that is straight up comedy even if it is truth
    now off to watch the video
    for poetry through the ceiling. ISBN: 1 4241 8840 7

    "Hear me, my chiefs!
    I am tired; my heart is
    sick and sad. From where
    the sun stands I will fight
    no more forever."
    Chief Joseph - Nez Perce
  • aerialaerial Posts: 2,319
    Glen said last year this was going to happen......
    “We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution.” Abraham Lincoln
  • DragonsAfter3or4DragonsAfter3or4 Bluegrass Posts: 339
    Pretty cut and dry.
  • aerialaerial Posts: 2,319
    Champaign breakfast for everyone wrote:
    The reason people blame the banks is because they give you a loan that cannot be paid off. I know many people that have been paying on thier student loans for over ten years and they owe more now then when they got the loan. The only way to pay it off is to make multiple payments throughout each month as to not just pay off most of the interest.

    I cant believe I watched that.

    It was funny when he made fun of the protesters,...I think he barrowed thier pants.

    PS that goat T is a shock absorber for a high speed cock sucker.

    Why do they owe more?
    “We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution.” Abraham Lincoln
  • mickeyratmickeyrat Posts: 40,259
    aerial wrote:
    Champaign breakfast for everyone wrote:
    The reason people blame the banks is because they give you a loan that cannot be paid off. I know many people that have been paying on thier student loans for over ten years and they owe more now then when they got the loan. The only way to pay it off is to make multiple payments throughout each month as to not just pay off most of the interest.

    I cant believe I watched that.

    It was funny when he made fun of the protesters,...I think he barrowed thier pants.

    PS that goat T is a shock absorber for a high speed cock sucker.

    Why do they owe more?
    apparently because any payments have been toward interest instead of both interest AND principal? Kinda like the mobs loan sharks!!!
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • MotoDCMotoDC Posts: 947
    They owe more than when they started school because students aren't required to make payments while they are in school and then for 6 months or so after school. It's called forbearance. What alot of students don't realize is that the interest accrued while their loan is under forbearance is actually added to their loan balance (UPB or principal) via capitalization of interest. Standard lending practice in any market -- student loans, credit cards, home loans, etc -- if you don't cover your interest each month, it gets capitalized into your UPB.

    The catch is that if you start making payments to cover the interest while you're in forbearance, you're immediately kicked out of forbearance and are expected to start making the full payment. Bit of a catch-22. However, your loan balance should not go up if you're making at least a full interest payment each month (as mickeyrat indicated). However, if the lenders are structuring folks' payments such that they don't even cover the interest portion, that is a problem.
  • josevolutionjosevolution Posts: 30,220
    So what :P
    jesus greets me looks just like me ....
  • Monster RainMonster Rain Posts: 1,415
    You do know that it's mathmatically impossible to make your monthly payments on a student loan and owe more than you borrowed after 10 years, right? They aren't lines of credit. Please explain why these loans "can't be paid off," because I'm wondering how I paid mine off when it is apparently impossible to do so.

    edit: You might owe more when you graduate if you haven't made payments, but after 10 years you should be paid off unless you didn't make payments. They're actually set up on a schedule so that you are done after 10 years and only recently made it so that you can opt to have lower payments spread over a longer period of time if you can't afford the monthly payments on the normal schedule--and this was done because people complained about not being able to pay them, so why are people still complaining if they already got what they wanted?
    Champaign breakfast for everyone wrote:
    The reason people blame the banks is because they give you a loan that cannot be paid off. I know many people that have been paying on thier student loans for over ten years and they owe more now then when they got the loan. The only way to pay it off is to make multiple payments throughout each month as to not just pay off most of the interest.

    I cant believe I watched that.

    It was funny when he made fun of the protesters,...I think he barrowed thier pants.

    PS that goat T is a shock absorber for a high speed cock sucker.
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