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Adeleke Warns FG Against Using Loans As Debt Trap For Students - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsAdeleke Warns FG Against Using Loans As Debt Trap For Students (17789 Views)

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Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Ezmans: 7:15pm On Jul 09, 2024
enige:
The loan is not compulsory. Secondly, the terms seems considerable enough
go and collect it you people hate truth so much
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by raskymonojendor: 7:15pm On Jul 09, 2024
StaffofOrayan:
For a nation that is over a century behind so called developed nations, education should be as cheap as possible, it's funny only the great Awo recognized this simple fact!
I wish the politicians are willing to sacrifice some of their largesse to help students in their constituency.
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Djele: 7:16pm On Jul 09, 2024
They will pay it direct to your school account not cash
MrBrownJay1:
as if most people who will get these loan will use it to pay school fees etc...lol!

abeg just call the loan POVERTY ALLEVIATION SCHEME and be merry... in this economy, any money dashed will help the ones out there with financial difficulties. let some of the loot go to the people jare!
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by omoredia: 7:16pm On Jul 09, 2024
Is this not what I was saying?
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Newbiee: 7:16pm On Jul 09, 2024
Gh
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Iamzik: 7:16pm On Jul 09, 2024
raskymonojendor:
Lol. It did not hold me down. It propelled me. I paid off my student loan in one year.

Take the loan, graduate with good grades and get a job.
You are 0.0000001% of people who achieved this and it's probably because you got a high paying job immediately after school.

This is not the reality for most college educated Americans
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by StaffofOrayan(m): 7:17pm On Jul 09, 2024
raskymonojendor:
Lol. It did not hold me down. It propelled me. I paid off my student loan in one year.

Take the loan, graduate with good grades and get a job.
What type of lie is this!
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by StaffofOrayan(m): 7:17pm On Jul 09, 2024
Iamzik:
You are 0.0000001% of people who achieved this and it's probably because you got a high paying job immediately after school.

This is not the reality for most college educated Americans
That guy is a liar
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by surgical: 7:18pm On Jul 09, 2024
enige:
The loan is not compulsory. Secondly, the terms seems considerable enough
you no just get sense
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Tareq1105: 7:18pm On Jul 09, 2024
MrBrownJay1:
as if most people who will get these loan will use it to pay school fees etc...lol!

abeg just call the loan POVERTY ALLEVIATION SCHEME and be merry... in this economy, any money dashed will help the ones out there with financial difficulties. let some of the loot go to the people jare!
School fees are paid directly to the university / polytechnic / college of education / technical college purse by the Loan Board, while only monthly stipend to support the students are given to students monthly.
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Leemzyy(f): 7:18pm On Jul 09, 2024
BABANGBALI:
Leemzyy if you like go and collect education loan upon that your poor academic performance
Whats with you? am 100% sure am way more intelligent than you only if you know whats up here so go away with your jealous trait
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by surgical: 7:19pm On Jul 09, 2024
Iamzik:
You are 0.0000001% of people who achieved this and it's probably because you got a high paying job immediately after school.

This is not the reality for most college educated Americans
He is even lying, he is one of the 30k praise singers Set loose on Nairaland
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by raskymonojendor: 7:19pm On Jul 09, 2024
StaffofOrayan:
What type of lie is this!
Balance: $0.00

Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by raskymonojendor: 7:19pm On Jul 09, 2024
surgical:
He is even lying, he is one of the 30k praise singers Set loose on Nairaland
LMAO. My first job out of uni if I remember clearly paid $86,000/ year, and as Nigeria wey I be, I still hustle side jobs at home Depot on weekends which added another $25k or so.
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by raskymonojendor: 7:20pm On Jul 09, 2024
Iamzik:
You are 0.0000001% of people who achieved this and it's probably because you got a high paying job immediately after school.

This is not the reality for most college educated Americans
I took a STEM course. I know some people that took courses like languages and philosophy. They did a lot of work stocking shelves at Walmart in trying to pay off their loans.
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by StaffofOrayan(m): 7:21pm On Jul 09, 2024
raskymonojendor:
Balance: $0.00
Explain how u were able to pay ur loans in a year while taking care of other bills, how much was ur annual income + how much was ur loan?

Is that screenshot supposed to be a joke?
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by raskymonojendor: 7:22pm On Jul 09, 2024
StaffofOrayan:
Explain how u were able to pay ur loans in a year while taking care of other bills, how much was ur annual income + how much was ur loan?

Is that screenshot supposed to be a joke?
I took a STEM course, got a STEM job, and got paid handsomely.

👇

raskymonojendor:
LMAO. My first job out of uni if I remember clearly paid $86,000/ year, and as Nigeria wey I be, I still hustle side jobs at home Depot on weekends which added another $25k or so.
But still, I can't compare Nigeria to The US. But if you do well in Nigeria too by getting good grades like first class or strong second class upper, you can get a good job in Nigeria. E.g. Jarus talks on this alot.
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Tareq1105: 7:23pm On Jul 09, 2024
Jostoman:
Vote buying don start for APC.
Who can ever please children of hate?
If govt gives, you complain, if govt didn't give, you abuse.

And when you're given ordinary post of Ward Chairman, you'll mess up the Ward, take all the Allocations to yourself
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by StaffofOrayan(m): 7:26pm On Jul 09, 2024
raskymonojendor:
I took a STEM course, got a STEM job, and got paid handsomely.

👇



But still, I can't compare Nigeria to The US. But if you do well in Nigeria too, you can get a good job in Nigeria. E.g. Jarus talks on this alot.
"Of all fields, STEM majors have the highest starting salary at $57,900 per year, as well as the highest mid-career salary at $108,300 per year.."

It's impossible to pay ur loan of about 30k when you are an entry level employee!
Nothing u guys won't concort to defend this useless APC
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by HRMK: 7:26pm On Jul 09, 2024
trash!what has adeleke done in osun to assist the students?
what has he done with all the different funds he collected on behalf of the state?
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Alliswell248: 7:27pm On Jul 09, 2024
PheelzAlmighty:
Nothing this government can't do...

Student loan my ass
Wailing is free
...
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by raskymonojendor: 7:28pm On Jul 09, 2024
StaffofOrayan:
"Of all fields, STEM majors have the highest starting salary at $57,900 per year, as well as the highest mid-career salary at $108,300 per year.."

It's impossible to pay ur loan of about 30k when you are an entry level employee!
Nothing u guys won't concort to defend this useless APC
Believe whatever you want to believe. That's your problem, not mine. You could not do it doesn't mean others can't. While at it, you can start listening to several Dave Ramsey recordings and videos.
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by opamoses1: 7:29pm On Jul 09, 2024
raskymonojendor:
But still, I can't compare Nigeria to The US. But if you do well in Nigeria too by getting good grades like first class or strong second class upper, you can get a good job in Nigeria. E.g. Jarus talks on this alot.
True. I had several class mates that struggled at university. I mean guys were missing lectures to do bricklayer jobs all over Lekki and all those mowe areas that were developing. Some of them would have graduated with better grades if not for those hustle.
People with first class do get excellent jobs in Nigeria too. They get snapped up by places like KPMG, PWC and the ones with engineering degree dey end up in places like Mobil or shell.
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Alliswell248: 7:30pm On Jul 09, 2024
StaffofOrayan:
"Of all fields, STEM majors have the highest starting salary at $57,900 per year, as well as the highest mid-career salary at $108,300 per year.."

It's impossible to pay ur loan of about 30k when you are an entry level employee!
Nothing u guys won't concort to defend this useless APC
Noise maker

Are you in the US?
We spend naira here.

Average school fee here is 300k.
Most causes duration here are five years.

Total ....1.5m

How much is this , if they get a good job?

U must always see things with your bitter mind.
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Roboto11: 7:33pm On Jul 09, 2024
surgical:
you no just get sense
What exactly do you want?

You want education to remain the way it has always been ?
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Kobojunkie: 7:34pm On Jul 09, 2024
enige:
The loan is not compulsory. Secondly, the terms seems considerable enough
How many students loans have you yourself signed up for? undecided
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Kobojunkie: 7:35pm On Jul 09, 2024
Chimarto:
Can Master degree students benefit?
Better off looking for a free online masters program than getting a loan to get a masters in any of the Nigerian schools. undecided
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by StaffofOrayan(m): 7:35pm On Jul 09, 2024
raskymonojendor:
Believe whatever you want to believe. That's your problem, not mine. You could not do it doesn't mean others can't. While at it, you can start listening to several Dave Ramsey recordings and videos.
Oga, u can't earn less than 60k$ and pay off 30k in 1 year! Even Dave Ramsey would only give that advice to people earning above 80k-100k !

My point is why such cheap lies?
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by opamoses1: 7:37pm On Jul 09, 2024
StaffofOrayan:
Oga, u can't earn less than 60k$ and pay off 30k in 1 year! Even Dave Ramsey would only give that advice to people earning above 80k-100k !

My point is why such cheap lies?
He did say his salary was $86k(ish) out of school and does extra work at weekends to even stretch it over 100k. Go back and re-read his post.
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Tareq1105: 7:37pm On Jul 09, 2024
Balistic4:
Calm down oga, no be naija again, same way they rigged the election, that's same way youths will collect that loan and find a way not to pay back. There's zero accountability in Nigeria
So disheartening to read how the so called future leaders are thinking of how to beat the Law. If you take the loan and you don't pay back, how do you want those coming behind you to benefit?

For your information, the Board is ahead of dubious youth like you and that explains why the Loan is tied to the BVN, NIN, and TIN of each beneficiary.
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Pootle: 7:37pm On Jul 09, 2024
after dancing at is nephew wedding
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