My wife wants to go back to school....

CPA

Elite Member
Nov 19, 2001
30,322
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and get an Accounting degree. Can you imagine the stimulating conversation we're going to have? :p

Any case, are there income requirements to secure education loans? Haven't looked into them in years.
 

MrDudeMan

Lifer
Jan 15, 2001
15,069
94
91
If you make a decent amount of money you can forget getting a lot of the loans or any financial aid at all.
 

gsellis

Diamond Member
Dec 4, 2003
6,061
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Hardly any requirements. Student loans have serious default clauses (you can't), so they are less 'risky'. Shoot, they will give them to 18 year olds with no visible means of supporting themselves ;)
 

preslove

Lifer
Sep 10, 2003
16,754
64
91
You probably won't get subsidized loans (the interest is deferred while you're in school), but you should be able to get some unsubsidized loans. They love giving those out.
 

krunchykrome

Lifer
Dec 28, 2003
13,413
1
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Originally posted by: CPA
and get an Accounting degree. Can you imagine the stimulating conversation we're going to have? :p

Any case, are there income requirements to secure education loans? Haven't looked into them in years.

Well, now you guys can call each other silly names in bed like "Debit" and "Credit"
 

krunchykrome

Lifer
Dec 28, 2003
13,413
1
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Originally posted by: Gibson486
2 accounants in one room.......having babies? Will the new rules allow this?

GAAP says that all baby expenses must be capitalized in the period in which the baby was conceived.
 

Gibson486

Lifer
Aug 9, 2000
18,378
2
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Originally posted by: krunchykrome
Originally posted by: CPA
and get an Accounting degree. Can you imagine the stimulating conversation we're going to have? :p

Any case, are there income requirements to secure education loans? Haven't looked into them in years.

Well, now you guys can call each other silly names in bed like "Debit" and "Credit"

They can also figure out who the asset and liability is. The liability will not be so bad. He or she can be a deffered revenue.
 

krunchykrome

Lifer
Dec 28, 2003
13,413
1
0
Originally posted by: Dacalo
Babies:

Debit Sexless marriage
Credit Sex Life

Also, dont forget about the adjusting entry at the end of the year:

Debit Wife's depreciation
Credit Wife's accumulated depreciation
 

kindest

Platinum Member
Dec 15, 2001
2,697
0
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shes going to meet a younger, smarter, better looking version of you at school.
 

EagleKeeper

Discussion Club Moderator<br>Elite Member
Staff member
Oct 30, 2000
42,589
5
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Hide all your assests in a money losing business.

Now she can qualify for grants and loans.

 

panipoori

Senior member
Aug 18, 2005
460
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Originally posted by: krunchykrome
Originally posted by: Dacalo
Babies:

Debit Sexless marriage
Credit Sex Life

Also, dont forget about the adjusting entry at the end of the year:

Debit Wife's depreciation
Credit Wife's accumulated depreciation

wives should be computated via double declining :D
 

CPA

Elite Member
Nov 19, 2001
30,322
4
0
Originally posted by: krunchykrome
Originally posted by: Dacalo
Babies:

Debit Sexless marriage
Credit Sex Life

Also, dont forget about the adjusting entry at the end of the year:

Debit Wife's depreciation
Credit Wife's accumulated depreciation

Lol, ouch.
 
May 16, 2000
13,522
0
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Loans are pretty much a gimmie. Most grants and many scholarships are need based however, so anything over 20k a year and you won't be seeing anything from those.
 

CPA

Elite Member
Nov 19, 2001
30,322
4
0
Originally posted by: panipoori
Originally posted by: krunchykrome
Originally posted by: Dacalo
Babies:

Debit Sexless marriage
Credit Sex Life

Also, dont forget about the adjusting entry at the end of the year:

Debit Wife's depreciation
Credit Wife's accumulated depreciation

wives should be computated via double declining :D

ah, yes, the Double D method.
 

CPA

Elite Member
Nov 19, 2001
30,322
4
0
Originally posted by: PrinceofWands
Loans are pretty much a gimmie. Most grants and many scholarships are need based however, so anything over 20k a year and you won't be seeing anything from those.

just looking for loans.
 

gsellis

Diamond Member
Dec 4, 2003
6,061
0
0
Originally posted by: CPA
Originally posted by: panipoori
Originally posted by: krunchykrome
Originally posted by: Dacalo
Babies:

Debit Sexless marriage
Credit Sex Life

Also, dont forget about the adjusting entry at the end of the year:

Debit Wife's depreciation
Credit Wife's accumulated depreciation

wives should be computated via double declining :D

ah, yes, the Double D method.
Leave Lola out of it. :D

 

Squisher

Lifer
Aug 17, 2000
21,204
66
91
As long as she keeps the lead in your pencil, I don't see a problem.



My sister and and wife both re-entered the workforce later in life. These women seem to be driven. The wife had to talk me into letting her take a part time job for $6.75/hr., eight years ago. Now, she's a direct report to a VP.