ST Alpha - "Speaking of loans, there was a story on Marketplace today about alumni-financed loans, but that wasn't what caught my attentions. Rather....." (Reading a Post)

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Speaking of loans, there was a story on Marketplace today about alumni-financed loans, but that wasn't what caught my attentions. Rather.....

Posted by ty97 Apr 2 '12, 19:00

it was current student at Stanford who was taking out 50,000 a YEAR in loans.

How on earth can he justify that to himself?

Responses:

Although that does sound insane, it is *amazing* what those connections can do for you. - loosilu Apr 2, 19:05 11
- My friend at Google didn't go to Stanford, but he went to a good school. He also had prior search experience. - ceregon Apr 2, 19:34 1
  - even secretaries (I mean, admin assistants) were scoring a few million, the gals next door did at netscape -- nm - zeitgeist Apr 2, 19:36
- $200,000. On the chance Google might hire you? Worst ROI ever. -- nm - ty97 Apr 2, 19:06 8
  - because that's the only option. -- nm - loosilu Apr 2, 19:10 7
    - All the other colleges closed? -- nm - ty97 Apr 2, 19:15 6
      - depending on your field, it's the kind of place that can easily double your salary right out of the gate. - mafic Apr 2, 19:54 1
        
        exactly. Or in some cases, you could get a job that was otherwise impossible. -- nm - loosilu Apr 2, 19:56
      - I think she meant Google being the only option. -- nm - The Most Interesting Stephen in The World Apr 2, 19:24 2
        
        She could have mean any number of things, but the answer to all of them are: there are options. -- nm - ty97 Apr 2, 19:26 1
        
        and the other answer is, some networks open huge doors. -- nm - loosilu Apr 2, 19:31
      - I think she was being sarcastic -- nm - Beryllium Apr 2, 19:15
and that's just the principal. before 7% interest starts piling on -- nm - pixitude Apr 2, 19:03

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