Tuesday, July 29, 2008

you CAN put a price on education

Dave Ramsey, thanks for not accepting us into your college debt program because we didn't have enough debt. Here's what we're facing as a result if we can't pay Sallie Mae a penny more than we do every month.

The year will be 2027.
Carl will be 43.
I will be 42.

$53,816.40 (Carl's total paid) Original loan(s) in the neighborhood of $29,000.
$46,884.92 (My total paid) Original loan(s) in the neighborhood of $25,000.

$100,701.32 The amount that Sallie Mae will have stolen from us in principal and interest.

That's a house.


Love you private education.

6 comments:

Josh McCullock Photography said...

i try not to think about it.

Josh McCullock Photography said...

they should publish something like that at NSI, wait that would be dumb.

Laura R said...

Technically, the principal part isn't stealing. Unless SNU wasn't actually worth that much...

Josh R. said...

You should do what I did- get SNU to pay for everything, and make tuition higher for everyone else.

Jeff said...

I suggest simultaneously blowing up all the buildings that hold any information about your financial records. I saw that in a movie once. I think it was called umm... Fight Club. At the least you could shave your heads and roll a big giant marble through the fountain.

thatsilverlining said...

ugh, i am getting ready to start paying my loans. how depressing.