Quote from: lawn on May 13, 2007, 10:20:37 AMNot really, helga, you break even in the example shown above only after 35 years. If you pay $215,800 in interest that means that $900 a month out of the $2,150 monthly payment has gone to the bank's pockets and you'd pay $1,250 to rent the same house. This means that you could pay the same amount of rent for another 14-15 years using the $215,000 amount that you paid in interest. It is only then that you'd need additional money to cover the rent.
Quote from: fork in the ass on May 07, 2007, 02:39:36 AMIn Europe, the state pays for the institutional costs of instruction; students pay little or no tuition, but are responsible for living costs; and most universities are public. In the US, by contrast, student loans have become the most profitable, uncompetitive, oppressive, and predatory type of debt of any in the nation. This has occurred due to legislation that was largely paid for by the the lobbying machine of Sallie Mae, the largest student loan company in America. Vast personal fortunes are being made by both Sallie Mae executives, and others who paid for this legislation, at the expense of decent citizens who were not able to capitalize on their education. This has effectively crippled MILLIONS of decent citizens who want to repay their original debt, but are prevented from doing so by staggeringly higher amounts being demanded from them by both "non-profit", and for-profit student loan companies.
Quote from: staplelaw on May 18, 2007, 05:25:42 AMQuote from: lawn on May 13, 2007, 10:20:37 AMNot really, helga, you break even in the example shown above only after 35 years. If you pay $215,800 in interest that means that $900 a month out of the $2,150 monthly payment has gone to the bank's pockets and you'd pay $1,250 to rent the same house. This means that you could pay the same amount of rent for another 14-15 years using the $215,000 amount that you paid in interest. It is only then that you'd need additional money to cover the rent.If you can't afford to pay mortgage at the very least $2,000 a month then don't get a $300,000 mortgage, get a $125,000 one!
[...] The latter, for example, who usually are on J-1 Visas (with 80% of these physicians actually staying in the US) are compelled to practice in designated rural or inner city physician shortage areas in order to have the "2-year return" requirement for J-1 visa waived. [...]
Quote from: morgan on May 14, 2007, 04:57:39 AM[...] The latter, for example, who usually are on J-1 Visas (with 80% of these physicians actually staying in the US) are compelled to practice in designated rural or inner city physician shortage areas in order to have the "2-year return" requirement for J-1 visa waived. [...]Here it is an overview of the visa processFor specific information on J-1 visa waivers go herehttp://www.visalaw.com/04jan3/conrad30.pdf
Exactly, a sick body is a sick body is a sick body. What difference does it make whether it's black or white?
Quote from: four of a kind on May 19, 2007, 06:40:16 AMExactly, a sick body is a sick body is a sick body. What difference does it make whether it's black or white?The human body is not unlike an automobile. Thus, doctors, like mechanics, do take better care when working on a BMW than on a Volkswagen!
The human body is not unlike an automobile. Thus, doctors, like mechanics, do take better care when working on a BMW than on a Volkswagen!
Discussion
Resources
