₦airaland Forum

Hamachi:
Student loans are a financial burden which does not quite make sense on a pure accounting basis. So, you have signed up for a loan (a liability, surrender of your future earnings) and you have nothing to show for it. On the other hand, when you take a loan on a house (a mortgage), you have a liability (a mortgage) and an asset (a house), so when things get tough, you can sell the asset to cover that liability. And in a worst case scenario, you simply file for bankruptcy and walk away from it - with a beaten up credit score, but you recover fully in about 7 years (in US, bankruptcy is removed within 7 years from the person's credit profile). Easy. Simple. Elegant.

Now, we have a student loan. You take a loan and you spend money. You gain nothing tangible - no assets. You have an expectation of future earnings, but it's not a guarantee. However, once you are out of school, loan is due - regardless of whether or not you have means to pay for it, such as a job. Now, when things get very tough - let's say you need to pay rent and you need to eat and you would like to get a family - but the student loan is still there, and it's not going away. You can't discharge it in a simple bankruptcy. You can't make it go away in an easy way - it's a forever burden.


Summary

When we reach the point where politicians are running for office on a platform of, “free college for everyone,” you know that we have gone past the tipping point. “Free” college is just going to throw kerosene on this fire.

We are seeing some cracks around the edges, e.g. coding bootcamps and startup apprenticeships like Praxis, but what is needed is a better educated consumer.

PS

I saw a question on career section this afternoon. “Should I go to school X or school Y? (Money is an object, but I might get some financial aid at school Y.)”

School Y’s cost of attendance is more than twice that of school X. No thought of can I afford either one of these schools? No thought of preparing a financial analysis. We have a generation of irresponsible morons whose parents are mentally absent. That’s why we have a financial aid crisis.






💭Leadership is not about seeking personal glory, instead its about taking responsibility for the people you are in charge of.

🎯Some key takeaways:

✔️Responsible leaders take accountability for their actions. Instead of blaming others, they identify the problem and try to fix it.

✔️Therefore, to become responsible leaders professionals must remember to take accountability for actions and stop blaming others for their mistakes.

✔️One of the foremost qualities in a successful employee or leader is a willingness to accept Responsibility for one's actions and behavior, good or bad.

✔️Taking Responsibility means making decisions, taking action, setting high standards, learning from our mistakes and always doing what we say.

✔️Lastly, leadership is about setting an example. Let see his grandchildren, relatives & family members participate in these students loan

Dindinrin

KunleAkingbadeh:
There seems to be a perversion in this judgement. It is more or less as if the girl was discharged & acquitted in this very complex murder case.

How can the defense Counsel & the Prosecution Counsel appealed to the court to tender justice with mercy on her own case in their respective Allocutus?

They said that she provided missing links to the hidden facts of the case and she took on a sober posture. How?

Is this not the same receptionist who earns over 100k monthly at her duty post?

Which 3-Star hotel in this part of the world, even in Lagos pays their receptionists over 100k monthly?

There seems to be a twist in her Judgement. All is well!

In criminal legal proceedings, it is a common legal technique to convince a co-accused with lesser degree of guilt to provide incontrovertible evidences to convict another defendant with higher degree of guilt in exchange for lesser punishment. It's all perfect thing to don.

No political party that desires to win presidential election would field Peter Obi. Peter Obi's political carrier has ended.

Peter Obi's political ambition is eternally dead.

Betanaija42moro:
Obi will make Nigeria better.
Let's have interim govt for now and solve the issues at hand

A mad fool. Idiot. We're.

jagaban002:
Our Nigerian pastors act like God secretary.

It depends on the Jinn he covenanted with: most will tell you the number of years you will live to spend the power they will give you. But, both parties sure know they would be sentenced to partition.

PremiumTech:
I think many people in the APC lacks emotional intelligence.

1. They are so blinded that they failed to understand that they are further widening our already fragile unity.

2. I am a Yoruba, but the kind of divide that Tinubu and the so called elders set in motion will hunt the entire country for a very long time.
We were not allowed to join the queue on Saturday because they say we didn't look like Yorubas. I mean, what an injustice?
Just to have access to the state funds and continue looting our money.

3. GRV is more Lagosian that Tinubu, Sanwo Olu, Fashola and every others combined. None of these people are originally from Lagos. Tinubu is from Iragbiji in Osun state, Sanwolu from Ondo and all. GRV's father is an "original" Lagosian. So I wonder how this being an Igbo came into play in the first place.

4. Tinubu's son is married to a foreigner (non Nigerian), Tinubu's wife is originally an Itsekiri lady, Tinubu is from Osun state. I just can't process this whole Lagos take over by Igbos.

So if tomorrow Seyi Tinubu decides to contest, I hope the same people should be able to tell him that he's an alien and not a Lagosian?

5. How some baales and oba heartlessly joined in the destruction is what is left of our heritage baffles me. I thought they were elders.

6. And I ask again, where's the receipt or any evidence of Igbos saying Lagos is no man's land and that they want to take over Lagos? I thought that people would demand for evidences before they joined in causing this indelible enmity or hatred?

It is so sad that people don't think about the consequences of their actions before venturing into injustice.

The little trust is broken and it will backfire even in the APC because some southeasterners are members of the APC too.

Shut up! Petobi didn't divide us along tribal and religious lines abi?

Massiveglory:
Tinubu is not the choice of the majority of Nigerians who voted.

He is the choice of the fraudulent officials in INEC and Fraudulent politicians , who conspired to bring about a monumental fraud in Nigeria.

Nevertheless, Tinubu will not be President of Nigeria .
We are taking back our vote. We are taking back Nigeria.

Go and hug the nearest transformer. It's better than this bitterness.

Xscape1993:
Let the votes of the electorates count!!! The brainless founder of agberos in Nigeria, the drug landlord of Africa and the murderer of Funso Williams will never seat on that seat...

He de pain you? Go hug transformer.

90% of those who reacted are haters and bigoted Igbos.

VeryWickedGoat:
Mohammed raped minors, murdered innocent people, stole, lied, fornicated, engaged in adultery, blasphemed and committed all sorts of atrocities worse than this man.

Let's know your identity, if you have heart. You shall die a miserable death.

Macaroni will certainly go under the bridge after 2023. He will become so retched that he will want to relocate to Ghana.

AderonkeOlaniyi:
SIKIRU AJIBOLA

I talk am say na my amala and ewedu people even before I open this thread. Why are my Afonja brothers like this. Abeg Boda Femi, give me one Jedi make I smoke.

Tinuboo gay urchins let loose

Gun short on your flat head, the imposter.

Antyislam:
All this Yoruba Muslims self

Death to you, the devil. You are s devil.

Antyislam:
Is ok, am very sure no Yoruba Christian will vote Muslim Muslim ticket, we are not fools , we can't do that

Your end from from this world will be with torment.

If truly people walked out on him, then expect Pitobi to be pelted in all states of the north. It's guaranteed.

I took time to check through your profile and noted that you created this account on September 22, 2022. Your profile name is AntyIslam and all your comments were geared towards hatred and fostering hatred for muslims and Islam. My conclusion is that: you won't end well from this world except you repent.

Antyislam:
Nice one, but We Yoruba Christian's will never vote for Muslim Muslim ticket, we are not fools

Sum total of their salaries and allowances is nothing compared to what they extort from MDAs and others. They summon, for example CBN and ask plethora of needless questions. They make their demand in hundreds of thousands of dollars, but if CBN proves stubborn, they organize public hearing whereby the CBN governor and his management team are blackmailed of corruption. Of course, they know that most Nigerians are not discerning enough to recognize issues of sensationalism. Once the MDA is blackmailed, they pressure the presidency to kick out the head. They then shop for a replacement who is ready to do their bidding. That's why will kill each other to become chairmen of plethora of senseless committees. The committee you belong determine how much you will be able extort from the MDAs. People who contest for Senate and House of Representatives don't do so because the pay package is lucrative. In summary, level of patriotism of our politicians of all classes is Sub-Zero.

You made a mountain of sense, dear. Thank you!

MALIGNANTGuest:
Just like when I used to think my uncles abroad were all selfish and wicked. Now it's my turn. I have seen the reality. It's not easy too.
I now get calls to enroll people in schools whom I know nothing about

Learn to appreciate people especially when it's not their obligation to help you.
Your PARENTS are sole proprietorship of your life and not even your siblings, not to talk of uncles or cousins

What is the meaning of unknown gunmen? IPOD attacked the checkpoint and killed security men, period.

Stupid Peter Obi said IPOB were not terrorists.

Flat-headed terrorists.

Irrespective of the outcome of the 2023 general elections, the Muslims of the Southwest have realized they are not together with their Christian brethren. In future elections, we the Muslims of the Southwest will never vote for any Christian candidate from the Southwest, even if it means that power will remain in the north forever.

Thank God Obi said that. We know he is grossly incompetent.

Idiot.

Demented, hate-mongering, chest-beating Igbo terrorist.

".... because they did not want another Japan in Africa..." Igbos with sickening chest-beating.

Karanka:
In all these, there's just one person about two posts above mine who just registered on Nairaland yesterday and has being everywhere targeting Igbos in his disjointed and oversized hatred for Igbos, laced with unequalled inferiority complex.
He's neither Jewish nor Briton, just one hate-filled bum living in Ogbomosho and hating on another Igbo who just bought yet another plot of land in his village, after hawking Gala and Lacasera for several years while he was daydreaming and hallucinating about Igbos.
Vote wisely!

Another flat-headed, venom-filled, greedy, human eater have spoken.

Treasure17:
The Lagos he built where touts are so emboldened in killing someone with impunity.

How many people have been eaten by carnivals in Igbo land? How many people have been murdered by the IPOB terrorists? How many Igbos are in prisons across Asia, waiting for states to sign off on their execution? How many people of other tribes in Nigeria live in Igbo land with peace of mind? Yes, the kidnapping thing was invented by MEND, but the Igbos stole the franchise from them and amplified it to become a national terror. Most tribes in Nigeria were naturally trustworthy and trusting of other people, but the Igbos invaded everywhere and destroyed these virtues with their greed and bad genes. Igbos are the Nigeria's curse! Flat-headed human eaters!

Treasure17:
The Lagos he built where touts are so emboldened in killing someone with impunity.

How many people have been eaten by carnivals in Igbo land? How many people have been murdered by the IPOB terrorists? How many Igbos are in prisons across Asia, waiting for states to sign off on their execution? How many people of other tribes in Nigeria live in Igbo land with peace of mind? Yes, the kidnapping thing was invented by MEND, but the Igbos stole the franchise from them and amplified it to become a national terror. Most tribes in Nigeria were naturslly trustworthy and trusting of other people, but the Igbos invaded everywhere and destroyed these virtues with their greed and bad genes. Igbos are the Nigeria's curse! Flat-headed human eaters!

Treasure17:
The Lagos he built where touts are so emboldened in killing someone with impunity.

How many people have been eaten by carnivals in Igbo land? How many people have been murdered by the IPOB terrorists? How many Igbos are in prisons across Asia, waiting for states to sign off on their execution? How many people of other tribes in Nigeria live in Igbo land with peace of mind? Yes, the kidnapping thing was invented by MEND, but the Igbos stole the franchise from them and amplified it to become a national terror. Most tribes in Nigeria were nationally trustworthy and trusting of other people, but the Igbos invaded everywhere and destroyed these virtues with their greed and bad genes. Igbos are the Nigeria's curse! Flat-headed human eaters!