Grieving parents taking on student loan debt

[nageov3t]

Anyone know what the cost of something like that would be? I'd ask my wife, but she's not a retail pharmacist, plus she'd probably give me a weird look.

I would imagine $100k minus whatever tuition her school was charging.

 

[nehalem256]

Anyone know what the cost of something like that would be? I'd ask my wife, but she's not a retail pharmacist, plus she'd probably give me a weird look.

You thinking that explains the $100,000 debt for "nursing"?

 

[Strk]

at first i was going to blame the doctor. he prescribed FAR FAR to much. but then i remember she is a nurse.

In the 113 days before her death, Mason filled prescriptions for 240 hydrocodone tablets, 418 OxyContin tablets, and 1,692 tablets of oxycodone, the lawsuit states. Mason was taken by ambulance to the hospital from her home on Dec. 27, 2009, and was pronounced dead two days later.

holy shit..

that is a insane amount. 20ish pills a day? wow

You really kind of have to blame the doctor though. Drug addicts will be drug addicts. A doctor is supposed to be able to recognize certain signs. And I'm thinking prescribing a shit-ton of narcotics in an extremely short period of time is one of those signs.

 

[Harrod]

You thinking that explains the $100,000 debt for "nursing"?

Yep, we have schools here that will get someone through for less than 6 thousand for the 2 year program.

 

[Newell Steamer]

What if you were the lender, your $$?

I would budget for irrecoverable losses - for just such a situation. If my budget was all tapped out for the year, and again, it is my own money, I would bite the bullet and take the hit. I would not even let it get to the petition/news/media realm - especially if the parents approached me.

If it was NOT my money, but I was responsible lending out and making profits, and there was not budget for irrecoverable losses and the actual owner didn't allow such things, they would have to still pay for it. It is not my money, I am not going to decide what is forgive or not.

 

[Wreckem]

Co-signed student loans are a terrible idea for the borrower and the cosigner.

Here is why.

If the co-signer dies, the borrower will be in default as the loan is accelerated and due in full when the co-signer dies.

If the borrower dies, the co-signer is on the hook for the loan. If the borrower had no co-signer the debt dies with the estate of the borrower.

 

[theeedude]

Don't co-sign any loans for anyone.

 

[highland145]

I would budget for irrecoverable losses - for just such a situation. If my budget was all tapped out for the year, and again, it is my own money, I would bite the bullet and take the hit. I would not even let it get to the petition/news/media realm - especially if the parents approached me.

What if she just didn't pay, still alive? Would you go after the cosigner? Still assuming this is your $$.

 

[Apple Of Sodom]

Problem in the sense of how he deals with it - not forgiving it defacto because she passed away.

He could forgive it, he could send the sheriff to the graveyard and arrest her. It is the lenders discretion.

Nope. The father cosigned for the loan. Arrest him.

 

[Newell Steamer]

What if she just didn't pay, still alive? Would you go after the cosigner? Still assuming this is your $$.

I think I would go after her 1st. If that turns up dry, then yes, I would go after the cosigner.

 

[JockoJohnson]

Then what the fuck is the point of discussion and this entire thread? You have added nothing except your poignant gruntings. Do you think you are clever?

You missed the whole fucking point. You aren't in the loaning business so it is really easy to say to forgive it. When it is your money, or your shareholders money, it is a different story. Source: I've loaned plenty of money.

I am "raging" over it because it was front page fucking news on CNN and tries to pull at the heart strings. "Oh, she died so I shouldn't have to pay for her loan I signed for..."

This is politics and news. This is what the fuck people do here.

Sounds like you stepped in a steaming pile of Newell Steamer. Just scrape it off your shoe and move on.

 

[Newell Steamer]

Nope. The father cosigned for the loan. Arrest him.

Yeah, we are pretty clear on this; you get off on people being shaken down when money is owed - we get it.

 

[Apple Of Sodom]

Yeah, we are pretty clear on this; you get off on people being shaken down when money is owed - we get it.

Not exactly. You are pretty terrible at this, aren't you?

I think the father should not have cosigned. And since he did he should be held accountable, not crying to the media over his mistake.

 

[jhbball]

Does it make you feel better to pigeon hole and call names?

Hint: I'm not a conservative. I think gays are equal, abortions are personal, and that we should help the truly poor.

No, you're the "elbow grease" type of POS. I 'worked hard' for my stuff, so fuck everyone else.

 

[waggy]

No, you're the "elbow grease" type of POS. I 'worked hard' for my stuff, so fuck everyone else.

and? shouldn't everyone have to fucking use "elbow grease" and "worked hard" for the stuff they have?

if someone doesn't want to do that then yeah FUCK THEM. I'm for helping someone in need. not handouts to allow them to live without work.

 

[highland145]

No, you're the "elbow grease" type of POS. I 'worked hard' for my stuff, so fuck everyone else.

So working hard is a bad thing? I think we've found the problem.

 

[Apple Of Sodom]

No, you're the "elbow grease" type of POS. I 'worked hard' for my stuff, so fuck everyone else.

Yep. That is why I have business loans that solely rest on my shoulders but still pay my workers far above minimum and even given them performance based percentage bonuses when I don't need to and it is uncommon in this industry. You are absolutely right. Whatever you want to tell yourself, my friend.

 

[PricklyPete]

obviously a shitty situation, but he cosigned on the loans and she attended school on that loaned money.

moral of the story: don't cosign on loans you aren't prepared to repay yourself.

This. No excuses.

 

[Newell Steamer]

No, you're the "elbow grease" type of POS. I 'worked hard' for my stuff, so fuck everyone else.

He is totally entitled to run his business as he sees fit - so long as laws are not broken.

What I don't get, is why he has gone ape shit slinging crazed, over what another lender does/doesn't do with this debt. It is not his business. It is not his money.

 

[JockoJohnson]

Shit kicking conservative has the inability to empathize. Color me surprised.

Cock-slurping liberal only thinks with their feelings. Color me surprised.....this is fun, see how that works?

 

[jhbball]

Yep. That is why I have business loans that solely rest on my shoulders but still pay my workers far above minimum and even given them performance based percentage bonuses when I don't need to and it is uncommon in this industry. You are absolutely right. Whatever you want to tell yourself, my friend.

LOL, there it is. I knew I had you pegged.

 

[jhbball]

Cock-slurping liberal only thinks with their feelings. Color me surprised.....this is fun, see how that works?

Homophobe? Who knew?

 

[Newell Steamer]

Sounds like you stepped in a steaming pile of Newell Steamer. Just scrape it off your shoe and move on.

Sounds more like someone pissed in his cornflakes this morning.

Even stepping in shit shouldn't yield this kind of rage. OP is filled to the brim with bile, anger and cornflakes soaked in piss.

 

[jhbball]

He is totally entitled to run his business as he sees fit - so long as laws are not broken.

What I don't get, is why he has gone ape shit slinging crazed, over what another lender does/doesn't do with this debt. It is not his business. It is not his money.

It's the typical conservative deep-down selfishness on display here, mixed with the inability to empathize. It's similar to conservatives crying that poor people have cell phones and flat screen TVs.

 

[highland145]

LOL, there it is. I knew I had you pegged.

Could you expound on this? I'm missing your point.