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WSJ's profile
The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

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Joined April 2007

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    The Wall Street Journal‏Verified account @WSJ May 25

    The million-dollar club: After years of escalating tuition and easy credit, the U.S. has 101 people who owe at least $1 million in federal student loanshttps://on.wsj.com/2IJzKcx 

    8:00 PM - 25 May 2018
    • 88 Retweets
    • 89 Likes
    • Nicole masters Z.H.SHAKIL flyingstudent99 Syndi Chesser janedoe Stevie Vixx Kyle Marcie Tom Doncaster CLU
    53 replies 88 retweets 89 likes
      1. New conversation
      2. Andrew Kiefer‏ @discjunky316 May 25
        Replying to @WSJ

        Spent 7 years at college, pays less than the interest payments each month. Loans aren’t hard if you only pay the minimum amount your debt goes up. Just like credit cards. This looks more like a major failure in educating our kids about finances

        1 reply 0 retweets 8 likes
      3. End of conversation
      1. New conversation
      2. Josh "Vote Blue on 11/6" Silverman‏ @Bad_Episode May 25
        Replying to @WSJ

        Quick! Another tax cut for the wealthy will solve this

        1 reply 0 retweets 3 likes
      3. Theron Gober‏ @therongober May 25
        Replying to @Bad_Episode @WSJ

        How are these two items related?

        2 replies 0 retweets 2 likes
      4. 1 more reply
      1. Jonathan Bellemore‏ @jonbellemore May 26
        Replying to @WSJ

        I have no sympathy for this man whatsoever. If he’s smart enough to be an orthodontist then he should be smart enough to know how to borrow money responsibly. I HATE the student loan business but I cannot comprehend how he could be so blatantly ignorant about money. #ownfault

        0 replies 0 retweets 3 likes
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      1. New conversation
      2. Craig B‏ @craig58 May 25
        Replying to @WSJ

        It’s just math, this guy needs to be paying at least $3000/month to get ahead. He has a low 6 figure income, so it is doable.

        1 reply 0 retweets 3 likes
      3. gil gardner‏ @gilgardner2 May 25
        Replying to @craig58 @WSJ

        Or just pay a grand per month until he dies and stiff Uncle Sam -

        1 reply 0 retweets 0 likes
      4. Tweet unavailable
      5. Craig B‏ @craig58 May 25
        Replying to @gabeburke @gilgardner2 @WSJ

        That’s not a good plan for him; a $1M loan forgiveness will result in a $300k tax bill. With a $225k income, he could renegotiate the loan and pay it off in 10 years.

        1 reply 0 retweets 0 likes
      6. gil gardner‏ @gilgardner2 May 25
        Replying to @craig58 @gabeburke @WSJ

        I was assuming that the debt would be null and void upon death but that’s probably not the case if he had assets to pay it off. Uncle Sam always gets his

        1 reply 0 retweets 1 like
      7. Craig B‏ @craig58 May 25
        Replying to @gilgardner2 @gabeburke @WSJ

        I’m assuming he will have an estate, unless he does some fancy planning to make sure he dies broke. It’s probably easier to just bite the bullet for 10 years.

        0 replies 0 retweets 1 like
      8. End of conversation
      1. New conversation
      2. It’s Legitness‏ @itslegitness May 25
        Replying to @WSJ

        @DaveRamsey

        1 reply 0 retweets 4 likes
      3. 1 more reply
      1. New conversation
      2. Nelly‏ @Bryan_919 May 25
        Replying to @WSJ

        maybe he should have gone to Devry

        1 reply 0 retweets 3 likes
      3. 1 more reply
      1. Justin Scott Pritchard‏ @JustinScottPri2 May 25
        Replying to @WSJ

        While their extended family resold the property's. . Like in the. Movie. Poltergeist.

        0 replies 0 retweets 2 likes
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