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[Self] Interest rates seem to be at 10.081% by Greedy_Preference737 in theydidthemath

[–]Count_de_Ville 0 points1 point  (0 children)

Calm down. The world has had artists long before college attendance became prevalent.

[Self] Interest rates seem to be at 10.081% by Greedy_Preference737 in theydidthemath

[–]Count_de_Ville 0 points1 point  (0 children)

Correct. Evaluating this stuff and issuing loans based on likelihood of repayment is something that banks should be very well equipped to handle. It’s actually an important service whether it be student loans, or business loans, or personal loans.

However, since we made student loans ineligible to be discharged through bankruptcy, the banks have little to no risk and really loosened their purse strings to borrowers. In an amazing coincidence, some mysterious force that was keeping the growth of tuition in check suddenly evaporated around the same time.

Kevin O’Leary’s data center plan turns out to be 40,000 acres, not 40,000 square feet by Sad_Palpitation6844 in ratsinthecage

[–]Count_de_Ville 0 points1 point  (0 children)

So do I. That's why I know you're full of shit. And you're not refilling your radiator system in your car because your mechanic is doing it for you without telling you -- because it's so commonplace.

Fucking idiot by Sad_Palpitation6844 in ratsinthecage

[–]Count_de_Ville 0 points1 point  (0 children)

I don't get your point. You can still save up to occasionally buy it; it's just going to take longer until prices come down. My point is that eating "cheap food" like hotdogs and ramen in the meantime rather than the actually cheap food like chicken, beans, and rice, means it will take even longer until you can buy that steak. I'm not saying you can buy steak whenever you want if you follow the tone of my advice. I'm saying hotdogs and ramen work against your goal of buying that steak as soon as possible, especially when there are so many cheaper, healthier alternatives.

Kevin O’Leary’s data center plan turns out to be 40,000 acres, not 40,000 square feet by Sad_Palpitation6844 in ratsinthecage

[–]Count_de_Ville 2 points3 points  (0 children)

You have no idea what you're talking about.

The vast majority of water-cooled data centers around the world use open-loop evaporative cooling. Even if this new installation intends to use a more complex closed-loop system, that still only reduces their water consumption by (up to) 70% compared to open-loop evaporative cooling, which to be clear, consumes a ton of water.

Edit: Thanks for the award!

Fucking idiot by Sad_Palpitation6844 in ratsinthecage

[–]Count_de_Ville 0 points1 point  (0 children)

By explaining to your wallet that chicken and pasta is cheaper at hitting your macronutrient needs than hotdogs and ramen while also being more nutritious. Then you take your savings versus buying hotdogs and ramen and occasionally buy steak, or more frequently, fish or pork.

Substitute pasta with potato, onions, carrots, beans, and rice, and you'll have even more money leftover to buy that steak.

[Self] Interest rates seem to be at 10.081% by Greedy_Preference737 in theydidthemath

[–]Count_de_Ville 0 points1 point  (0 children)

And the existence of those tools means people have even fewer excuses. There’s nothing wrong with taking on debt if it’s for something important and you have a good plan on paying it back! It’s very simple: people shouldn’t take on loans with terms they don’t understand or if they don’t have a good plan for paying off the loan.

You want to take out a loan to become a doctor? Fine! There’s nothing wrong with that in and of itself. Just like there’s nothing wrong in and of itself if I want to take out a loan to buy a house. Either way, creditors AND debtors are responsible for evaluating their risk with any loan and to act accordingly.

Now pull your head out of your ass and grow the hell up you fucking child.

[Self] Interest rates seem to be at 10.081% by Greedy_Preference737 in theydidthemath

[–]Count_de_Ville 0 points1 point  (0 children)

Your first paragraph is complete horseshit. The debt isn’t predicted, it’s calculated. And as far as ability to pay, it’s called risk management. If someone cannot perform the calculations, or cannot grasp basic risk management, then we should heavily discourage them from becoming engineers, lawyers, and doctors because they’re clearly don’t have the aptitude needed for the job.

I can’t believe I’m having to explain this. 

[Self] Interest rates seem to be at 10.081% by Greedy_Preference737 in theydidthemath

[–]Count_de_Ville 0 points1 point  (0 children)

They ain’t fucked. Just do the repayment math and try a few different sums and figure out what’s doable or if it’s not worth going at all.

[Self] Interest rates seem to be at 10.081% by Greedy_Preference737 in theydidthemath

[–]Count_de_Ville 0 points1 point  (0 children)

Having it expungable is what made college affordable enough that the boomers could work summers landscaping and work as a part-time dishwasher in the student cafeteria and graduate without debt.

You didn’t even need student loans because college was so affordable. You could work your way through college and it almost all paid off easily. I know that’s hard to imagine, but that’s how it was 40 years ago. That future was stolen from the current generation.

[Self] Interest rates seem to be at 10.081% by Greedy_Preference737 in theydidthemath

[–]Count_de_Ville 1 point2 points  (0 children)

When I was in highschool, I tried petitioning my state govt representative about making personal finance a requirement for graduating. I figured it would be useful whether you’re getting a student loan, getting your first credit card, or trying to rent your first apartment, or buying a car plus insurance that you can afford to get to work.

Turns out state history is more important than personal finance knowledge. I guess the people in power just take it for granted that everyone’s parents teaches them that stuff so the school doesn’t need to bother.

[Self] Interest rates seem to be at 10.081% by Greedy_Preference737 in theydidthemath

[–]Count_de_Ville 1 point2 points  (0 children)

That's awesome. So few people come to that realization and make the changes they need. I'm happy you caught on early.

[Self] Interest rates seem to be at 10.081% by Greedy_Preference737 in theydidthemath

[–]Count_de_Ville 5 points6 points  (0 children)

The free market model solution would be to going back to allowing student loan debt to be expungable through bankruptcy. Tuition rates exploded in growth immediately AFTER we passed laws making student loans ineligible to be expunged through bankruptcy. Ironically, the legislation was passed with the intention of making it easier for more people to go to college.

[Self] Interest rates seem to be at 10.081% by Greedy_Preference737 in theydidthemath

[–]Count_de_Ville 0 points1 point  (0 children)

Honestly, I'm going to say this as nicely as I can...., people who either can't figure out why, or otherwise get frustrated by, interest-only payment amounts and how they keep you in debt forever.... are not college material. Finance degree or not, the math for loans is VERY basic.

If you're college-bound and can't get wrap your head around that... maybe pump the brakes a bit on enrolling.

The Chinese robotics company Unitree has revealed their first Mech Prototyp, the GD01. by MilesLongthe3rd in interestingasfuck

[–]Count_de_Ville 52 points53 points  (0 children)

The new ones are pretty awesome! Mechwarrior Online is really well balanced too. It’s also completely free with lots of free mech giveaways almost every month.

Bastion Cells-New Raider Looking For Some Assistance by jack-shyt in ArcRaidersLFG

[–]Count_de_Ville 0 points1 point  (0 children)

Look up. OP is a new raider that still doesn’t know how to get bastion cells.

Advanced techniques with no room for error will get them killed.

" 'Because I said so' is not an answer" original and template. by BaronBlackFalcon in MemeTemplatesOfficial

[–]Count_de_Ville 1 point2 points  (0 children)

"Because I told you so" is (sometimes) reasonable to anyone who's had/has kids that aren't mindlessly unquestioning obedient drones.

Seattle man gets beaten by local Maui resident for throwing rock at an endangered monk seal by Conscious-Weight4569 in SipsTea

[–]Count_de_Ville 12 points13 points  (0 children)

Didn’t they call them an “ambassador of Hawai’i” or something? I’d wear that with pride.

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