How many have used student loans to buy gear

[jumpnjivin 0]

Just curious, Damn bush and his raised interest rates for school loans to fund his war which raised the price or oil thus raising jump ticket prices. ooops guess that little rant should be in Speakers Corner.

[jeremy556 0]

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raised interest rates for school loans to fund his war

You really should start spending your money on education.

[karenmeal 0]

You want to blame Bush for you wanting to spend your school money on skydiving?

I hate Bush for sure.. but no sympathy from me.

LEARN TO PACK!!!!!!!!!!!!!!!!!!!!!!!!!!

"Life is a temporary victory over the causes which induce death." - Sylvester Graham

[ladyskydiver 0]

School loans = pay for school stuff

Life is short! Break the rules! Forgive quickly! Kiss slowly! Love truly, Laugh uncontrollably. And never regret anything that made you smile.

[unformed 0]

I used school loans to buy drugs. Then sold those drugs and used the money to pay for school and drugs.

It worked out great.

This ad space for sale.

[kelel01 1]

Ah . . . Ingenuity.

[jumpnjivin 0]

Wow some people around here get really worked up. to all you who's blood pressure went up while responding to this poll. RELAX it was just a question. Even if I did spend the money on gear and school what is it to anybody, I'm the one that has to pay the money back in the end. WOW

[grue 1]

To buy gear? No. To buy jumps? Yes. But not many, I think like 12-13

cavete terrae.

[swedishcelt 0]

I don't know about anyone being worked up. If you thought this was bad, the SC (stands for Speaker's Corner and NOT Swedishcelt btw) would have seriously bugged you out. Some people have a hard enough time paying for school that they have to sacrifice jumping to keep going.
It would be nice to have the LUXURY to juggle school with skydiving, I don't have the time or assurance of being able to substitute one for the other like that... and if I did I wouldn't blame the President for my lack of budgetting skills.
You take that risk? Then suck-up the consequences.

[jeremy556 0]

Not worked up here, just thought it was funny to think interest on student loans is being used to fund a war.

Let's compare a federal student loan rate with the prime rate:
The interest rate on Stafford loans first disbursed beginning July 1, 2006 is fixed at 6.8%.
The last reported prime rate is: 8.25 % Effective Since June 29, 2006

[jumpnjivin 0]

Oh don't get me wrong I'm going to make sure that all my school and living expenses are taken care of before I even think about spending money on a rig or anything else. because once I got my degree I can do all the jumping I want.

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[swedishcelt 0]

Bwahaha!!

Sure you will, because you'll be instantly rich.

Do bunnies fly out your bum too?

[jumpnjivin 0]

Here is the old rate though.
The inflation increases Stafford loans to a fixed rate of 6.8% from 5.3% (the current interest rate for students that are in school is 4.7%). Oh well I guess I'll just have to pay it off sooner rather than later. I'll stay out of the whole political debate. I still think the increase sucks.

[unformed 0]

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Oh don't get me wrong I'm going to make sure that all my school and living expenses are taken care of before I even think about spending money on a rig or anything else. because once I got my degree I can do all the jumping I want.

I beg to differ. Once you start working, you'll realize how much you hate it and are going to look at making money skydiving, even it means taking a pay cut.

Then you can't jump quite as much as you like.

Trsut me on this.

This ad space for sale.

[jumpnjivin 0]

Well actually this one time at band camp.

well I'm working toward my Electrical Eng. degree then off to law school to be a patent attorney. So yeah when I'm done after 6 1/2 years Then I will be instantly rich.

[jumpnjivin 0]

Maybe I should save myself all the trouble then and just start looking for a job on a dropzone.

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[masterrig 1]

I think, it was during both Clinton eras and the Bush era, I've seen plenty of college students use loan money to buy gear. I think, I sold them most of it!


Chuck