I’m Graduating with $100K in Debt-Here’s What I Think

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  • Опубліковано 20 гру 2024

КОМЕНТАРІ • 131

  • @wildboy700
    @wildboy700 9 днів тому +37

    It's tough, man, I get it. I graduated with a degree in mathematics and currently make 65k a year while owing 92k for my degree. I moved back home and paid an average of 1200 a month with a new goal of pushing it to 1500 a month. I treat my student loans like rent is due and before the due date. I paid off two loans so far, and now at 79k left. My goal is to keep hitting the sweet spot of 1483 over the next three years while at home so I can be debt free before 2029. Keep your head up, ignore those people that say Don't bother paying it back because, when them checks start to be garnish left and right by the government, then they'll be crying a river.

    • @SiblingsVFX
      @SiblingsVFX  8 днів тому

      @@wildboy700 mannnnn I want to get my apartment but ion wanna these bills to start whoppin my ass 😭🤦🏾‍♂️ Paying them off is a MUST though. That irs shi is scary

    • @sixtic
      @sixtic 8 днів тому +2

      lmao, degree in mathematics XD WTF you gonna do? Count how many sandwiches you gonna make? What a worhtless skill. Im not talking about architect or anything, just mathematics

    • @toffytofu3891
      @toffytofu3891 7 днів тому +2

      @@sixticmath is better than a lot of other choices haha, 65k income is good in most of the country, especially Midwest or south

    • @HughAnthonyEdward
      @HughAnthonyEdward 6 днів тому

      ​@sixtic I'm glad people think this. Basically guarantees I will always have a job.

    • @sixtic
      @sixtic 5 днів тому

      @@HughAnthonyEdward If I had a company and someone spent 100k on math degree. And than wanna join my cybersecurity company. I would kick him out of the door lmao

  • @28cthedestroyer
    @28cthedestroyer 9 днів тому +44

    100k of debt for something ypu couldve learned for a few thousand 😢😮

    • @SiblingsVFX
      @SiblingsVFX  9 днів тому +6

      Yeaaaa but at least I have it now 😭 I guess that’s what matters atp

    • @28cthedestroyer
      @28cthedestroyer 9 днів тому +1

      @@SiblingsVFX trueness, i hope everything works out though

  • @pearlivory3483
    @pearlivory3483 9 днів тому +37

    Friend. Good luck. I walked across the stage with $45k in debt and now it’s $85k. Mind you- I’ve already paid $20k. Math ain’t mathin

    • @SiblingsVFX
      @SiblingsVFX  8 днів тому +2

      @@pearlivory3483 DAMN 😭 this shit is crazy dawg

    • @PinkPortal
      @PinkPortal 8 днів тому +3

      I think you should check on the website or call with financial aid or wherever you got the loans from. You might be paying on the loan interest then the actual principle

    • @IzzyRob88
      @IzzyRob88 7 днів тому +1

      Similar thing happened to me smh… Look into consolidation with a low fixed interest rate. Some loans have a variable interest rate and the principal seems to never go down.

    • @Dontrolling
      @Dontrolling 7 днів тому +3

      I only have 12k in debt and I keep telling people I’m paying it off before I graduate and people keep saying every semester “take out more loans” or “you can just pay it after”. I’m very grateful for it just being 12k but I’m tired of debt being normalized and the crazy part is the people that keep telling me these things I’ve literally watched debt burden their lives constantly. It’s like a norm for them and I don’t want that. I’m stubborn so I’m going to do things my own way. No longer taking out loans.

    • @byttlejuice145
      @byttlejuice145 6 днів тому

      Have you considered refinancing your debt? Your interest rate might be too high

  • @LifewithTee76
    @LifewithTee76 5 днів тому +14

    Take it from the old head here…I just finished paying off my loans at 48! I borrowed 76k for undergrad and a masters. I paid back 116k! And if it were not for the payment pause with no interest it would have surely been tens of thousands more. The system is jacked. The schools overcharge and the government adds on with the interest on the loans. They should have some sort of sliding scale for reduced interest over time of payments. I could go on but…🤷🏾‍♀️

    • @SiblingsVFX
      @SiblingsVFX  5 днів тому +1

      @@LifewithTee76 yeaaaaaaaa definitely got overcharged solely because of all the classes I took which had NOTHING TO DO with my concentration. Plus the time spent doing it. You live and you learn 😂

  • @Dontrolling
    @Dontrolling 7 днів тому +19

    Bro I’m over here stressing about 12k in loans I think I’d cry everyday with 100k😢

    • @SiblingsVFX
      @SiblingsVFX  7 днів тому +4

      Takes money to make money ig 😭for some odd reason, the debt really isn’t scaring me too much

    • @AlbatrossWhisper
      @AlbatrossWhisper 3 дні тому +1

      12k is easy. I have 12k at 3.8% fixed. 450 a month and its paid in 2 years

  • @citlallimtnz2729
    @citlallimtnz2729 8 днів тому +12

    In lucky I got financial aid but it was my choice to go to community college then transferred to a cal state. I saved a lot of money and never took out loans. I lived at home and commuted over an hour to school.

    • @SiblingsVFX
      @SiblingsVFX  8 днів тому

      @@citlallimtnz2729 mannnn I also wanted to do the community college thingy, especially since it was cheaper, but it just didn’t fall through.
      Same with me, I had to switch to online classes cuz my actual campus is like 40-60mins away 🤦🏾‍♂️

  • @karimbennett5651
    @karimbennett5651 7 днів тому +20

    Going to college was not the mistake, it was choosing film school and running up $100K in debt to that end.

    • @Dontrolling
      @Dontrolling 7 днів тому +3

      A lot of majors are stuggling with demand right now outside of STEM, it’s because of different things either it’s highly competitive, job applications are now being reviewed by AI which honestly puts people at a disadvantage, but college within itself it was initially intended for the rich not the everyday laborers and because the demand has increased it has influenced the price in a ridiculous manner. The main problem I see with colleges is the credit system. To this day nobody can answer this question for me. If I’m an accounting major why did I HAVE to take an art history course? The deans just say “credits”. A lot of degrees also don’t require 4 years it only takes 4 years because of the dumb credit system. Realistically my accounting degree would take 2 years at most if it wasn’t for the nonsense classes I had to take that had nothing to do with my major but still obligated to pay for. So in that aspect many people could review it as a mistake.

    • @SiblingsVFX
      @SiblingsVFX  7 днів тому +2

      Depends on how we look at it 🤷🏾‍♂️ never know when or what door it could open

    • @jonetgames
      @jonetgames 5 днів тому +1

      Seriously. With all this talk about "is college worth it?" type videos that are very common these days, I don't hear many people bring up this aspect. The whole credits system and needing to take these unrelated "general education" classes (which is just a slight extension and mostly a regurgitation of things you already learned in high school) should be given more attention. It needs to change imo. People love to argue the classes are to make you "more well rounded" I call bs. Most are going to college to get a chance at a good job, they shouldn't have to do all these things that slow them down, but it's also just the colleges being greedy as usual. Forcing you to take gen ed classes is just a way to keep you in college longer and pay more money.​@@Dontrolling

    • @larrysmith2655
      @larrysmith2655 4 дні тому

      That is true. So many useless degrees and classes in the college curriculum

    • @myballsitchsomethingfierce6319
      @myballsitchsomethingfierce6319 3 дні тому

      @@SiblingsVFX You robbed yourself

  • @Complexanxiety
    @Complexanxiety 5 днів тому +5

    We are on the same wave length, I started college and realized it was a money grab. A lot of what you are learning is outdated, you’ll never use or you can simply Google/UA-cam and self teach yourself. And then you graduate with all of this debt with the hope, you’ll get a high paying job. Most colleges do not prepare their students for the real job market and that’s the real issue.

    • @SiblingsVFX
      @SiblingsVFX  5 днів тому +1

      @@Complexanxiety BINGO. The current state of these markets aren’t usually what’s being taught. Nor is the most efficient strategies with all this new technology/AI. I think if they taught us more about how to monetize the Skillset rather than the Skillset itself, it would be more beneficial

  • @Margaret-i88
    @Margaret-i88 6 днів тому +348

    Nice video coverage keeping up with current trends and strategies can help traders stay ahead of the curve and make informed decisions, It is important for beginners in trading and investing to understand that success in these fields requires technical analysis, emotional maturity, and self-discipline. Thanks to steve michael steele insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead

    • @Margaret-i88
      @Margaret-i88 6 днів тому

      He mostly interacts on Telegrams, using the user-name,

    • @Margaret-i88
      @Margaret-i88 6 днів тому

      he is verified

    • @Margaret-i88
      @Margaret-i88 6 днів тому

      @steve_894

    • @Marenocool
      @Marenocool 6 днів тому

      I’ve just looked up his name and found him without sweat, very much appreciate this

    • @hilmakari
      @hilmakari 6 днів тому

      Before i encountered steve michael steele, I was losing trades but his expertise in technical analysis, coupled with his effective risk management strategies, has helped me navigate the volatile market with confidence.

  • @keszemafandal8737
    @keszemafandal8737 3 дні тому +1

    The issue isn't going to school. The issue is choosing a major that isn't in demand and attending an overpriced school.

  • @mp22422
    @mp22422 5 днів тому +1

    Man, thank you for this. I know it was a lesson learned on your end. But this video will help many people. I’m 26 and am thinking of what’s next for me. Been debating on if I should go back to school bc the one I currently have isn’t serving me etc… this video gave me something to think of and consider. Wishing you the best, you got this. Whatever you think about, comes about. Whatever you focus on, grows✨

    • @SiblingsVFX
      @SiblingsVFX  3 дні тому

      Thank you man 🙏🏾 I’m happy I was able to help fr. College is definitely a marathon and super doable, but that’s only if you ACTUALLY want to do it lol

  • @sixtic
    @sixtic 8 днів тому +18

    Dont blame it on mum,everything you do in life is your fault. But play life like chess, you cant change it, you cant just wish it would have not happen , you just have to make it work. Even from worst position possible. Good luck on your journey!

    • @ariela_
      @ariela_ 6 днів тому +6

      Didn’t really sound like he was blaming his mom or saying anyone is at fault. He’s just sharing a piece of his experience and perspective on college

    • @sixtic
      @sixtic 6 днів тому

      @@ariela_ "I didn't snitch on you, bro. I just told the police officers what you did."

    • @ariela_
      @ariela_ 6 днів тому +2

      @@sixtic …okayyy. Blaming someone is saying “it’s my moms fault for me being in this situation, I can’t take any accountability for my part in this”
      no need to get defensive I’m just saying from the video I watched it didn’t sound like that. He was just saying his experience which is like a lot of teenagers- it’s usually a heavy expectation by parents to go to college.
      If that sounds like blaming to you then cool I guess but I’m saying that as another viewer that is not what I got from the video.
      He mentioned his mom once to explain why he went to college as a backstory and everything else was just his experience on realizing what his true path was

    • @Jellyclaws221
      @Jellyclaws221 6 днів тому +2

      ​@@sixtic He never blamed him mom, he explained the situation. Everything he said is factually true in terms of the pressure she applied and the ultimatum of "go be on your own or go to college" she gave him.
      Sometimes when you're wrong bro, the mature thing is to simply recognize the flaw instead of clinging onto it. No need to pretend to be right. Looks childish. Adults can admit fault.

    • @notreallyafamousartist695
      @notreallyafamousartist695 6 днів тому +1

      I mean let’s be real, he was freshly 18 forced to go to college and failed, forced again at 19 and went for something that can’t help that much. But who pushed him to do that? If a PARENTAL FIGURE pushes a FRESHLY 18 YEAR OLD to do something or GET OUT OF THEIR HOUSE. They are gonna do it. Unless they were an unruly child growing up. So this was def on his mom. My mom gave me guidance on majors to choose when she made me go to college, I wanted to choose music and she directly told me not to. So I did music on my own while doing a business degree and it worked. If she told me “sure do music” I’d be fked rn

  • @AlbatrossWhisper
    @AlbatrossWhisper 3 дні тому +2

    I have 3 degrees including a masters and only have 12k debt left down from 30k. I went to cheap state schools that were fully accredited. No ivy clad institutions and im grateful i didn’t go to one. Im not cut from that cloth and wasnt born into money

  • @RiqWhee
    @RiqWhee 6 днів тому +1

    "When I'm outside of the constructs of what society or my peers are asking for me, I'm actually more potent"
    FELT THAT

    • @SiblingsVFX
      @SiblingsVFX  5 днів тому

      @@RiqWhee MANNNNN. I always see the most results when I’m betting on myself.

  • @EllieMandyArt
    @EllieMandyArt 6 днів тому +7

    Hello. I’m 27 year old. Life is hard aF after college. And extremely expensive. I graduated college in 2021 with $36k in student loan debt. 💸 I got my degree in information technology.
    Actually managed to get a career in that field right at the peak of job hiring season in early 2022.
    Game plan: Stay at that job and pay off the debt, i have no choice at this point. I didn’t even move out because it’s not wise. Save and stack money. Get yourself on a budget.
    You can still be a creative & do what you love. (Hell, i’m an artist myself.) but i know what if I’m struggling financially with money, i’ll be too stressed to create. So that’s my advice for young people with Student loans. Just start working & get some money! We need it in this life. 🤷‍♀️
    $100k in student loan debt… maybe do an income driven repayment plan until you have start earning more money.

    • @AlbatrossWhisper
      @AlbatrossWhisper 3 дні тому

      IDR plans is how you stay in debt longer. Pay off as much as possible

  • @gazagxrlx2974
    @gazagxrlx2974 4 дні тому +1

    That’s crazy !! I wish you all the best ❤

  • @GooseFrischmann
    @GooseFrischmann 3 дні тому

    so much resignation with your words! damn dude well said, something for myself to think about

  • @twilight14971
    @twilight14971 5 днів тому +6

    Join the military and commission as an officer to pay it off and have benefits. Choose the Air Force!

    • @Knightcraft42
      @Knightcraft42 5 днів тому +1

      I never understood people can make videos about being homeless but won't join the military when they are able body. They get no sympathy from me.

    • @WorldViewx
      @WorldViewx 5 днів тому +2

      this is how america gets you, amazing.

    • @SiblingsVFX
      @SiblingsVFX  5 днів тому +3

      @@twilight14971 NOPE 😂 my craft got me. I’ll be aight. I ain’t ah military typa guy LOL

    • @SiblingsVFX
      @SiblingsVFX  5 днів тому +1

      @@WorldViewx right 😭 I’m happy I peeped game sooner than later

    • @censoredeveryday3320
      @censoredeveryday3320 6 годин тому

      @@Knightcraft42 Most homeless are drug addicts or convicts. They wouldn't pass the background check

  • @censoredeveryday3320
    @censoredeveryday3320 7 годин тому

    100k in debt during the worse job market in 10 years and record inflation. Good luck brother

  • @byttlejuice145
    @byttlejuice145 6 днів тому +2

    Basiacally you could have taken some time in between semesters to work and pay your tuition in full for the following semester, because 100k in this economy is not healthy bro. If it’s like 5% in interest u will either have to be making bank 🏦, or else u will not be able to pay that off just due to the high interest

  • @consciousgoddess_
    @consciousgoddess_ 3 дні тому +1

    Babyyy 😩 I only went cause of my parents too! I knew in High school I didn’t want to go.

    • @SiblingsVFX
      @SiblingsVFX  3 дні тому

      We live and we learn 😭🤦🏾‍♂️

    • @tperrien
      @tperrien День тому

      Did you finish?

  • @kovarcoley
    @kovarcoley 8 днів тому +4

    What? Did you get a degree in film?? For a 100k... Thats terrible. Currently i know ill have to be paying back student loans in the future maybe 40k at most but im doing chemical engineering so ill be making it back. These type of degrees in the arts arent valuable. There is a part of me that wants to drop out but im already in too deep.

  • @byttlejuice145
    @byttlejuice145 6 днів тому +1

    Depending on how much you will be making yearly, and how serious u are to pay this off, this could take you 5-10 years of your life just to get even bro. That’s not a very good investment. You are behind in life 10 yrs, so it’s advisable you take action now!

  • @noahzero9380
    @noahzero9380 3 дні тому

    What was your tuition a year? Did you retake a lot of classes? Pay for room and board?

  • @CL-do5eq
    @CL-do5eq 5 днів тому

    You better look up course careers, Do the tech sales program take less than a month. Starting salary is 70K most hit 80-100k with 1-2 years. Or stack up & move abroad. The system doesn’t make since about time you pay that off you could have been a millionaire overseas. Apparently it cost $2200 for the whole year with utilities in a nice gated luxury community in Ghana. You can always come back. Or own a blue collar business. Look I know no one wants to clean, do lawn care, window washing etc. But, it’s a needed business. Just know all my clients work in tech sales and can afford to pay 120-400+ in recurring billing monthly. My min per hour is $60 and will soon be $100. Please don’t sleep on it. Hope this helps. And oh my cleaning business alone paid off my car quick.

  • @lgee9027
    @lgee9027 6 днів тому +2

    Whew chile!!! Good luck to you, how can I support your business🎉🎉🎉

    • @SiblingsVFX
      @SiblingsVFX  5 днів тому +2

      @@lgee9027 Booking a photo shoot 😭 but in all honesty, supporting the videos is more than enough! 🙏🏾 & Thank you!!!

  • @shannon8715
    @shannon8715 5 днів тому +1

    What mic do you use?

    • @SiblingsVFX
      @SiblingsVFX  5 днів тому

      @@shannon8715 it’s a “Blue Yeti”

  • @kismeteats682
    @kismeteats682 5 днів тому +1

    We all had the same mom 😢. I don't even want to know what my loan total is.

  • @DreamAboutMe823
    @DreamAboutMe823 4 дні тому +1

    I got super fuckin lucky. I got my loans completely forgiven.

  • @tperrien
    @tperrien День тому

    Another difference is the network you now have. $100k is a huge debt, but if you focus, keep your expenses low and don't add more debt, you can tackle the debt. You can't be passive about paying it off. And I wouldn't listen to your mom regarding financial suggestions moving forward. She should have advised you against taking out that much debt for a film degree. 😳

  • @bapyongukgukguk2352
    @bapyongukgukguk2352 8 днів тому +4

    I wish you success

    • @SiblingsVFX
      @SiblingsVFX  8 днів тому +1

      @@bapyongukgukguk2352 thank you 😂🙏🏾😌

  • @drfeelgood3073
    @drfeelgood3073 15 годин тому

    After 10 years your school loan will be completely wiped out.

  • @drfeelgood3073
    @drfeelgood3073 15 годин тому

    Go to la or ny and become a cop, fireman or correction officer You will make over 150k after. Retire after 22 years with a pension, medical for life

  • @larrysmith2655
    @larrysmith2655 4 дні тому

    Dang my son’s degree cost 44k. He went for finance. He got a job for 77k out of school.

  • @Charlay_Charlay
    @Charlay_Charlay 4 дні тому

    I cant justify going back to school for a masters.its way too expensive and things cost way too much now. If i did iwiukd be working all the time wuth no time for anything else.

  • @delayedgratification581
    @delayedgratification581 6 днів тому +2

    What's the interest? That'll keep you in debt for life if not careful.

    • @Gunngirl
      @Gunngirl 4 дні тому +1

      That’s how they keep you in debt. You pay on interest for a year or more and you’re getting nowhere. You’d payments would have to be triple to touch the principal. There should be no interest on student loans.

  • @kimkai_ren4968
    @kimkai_ren4968 3 дні тому +1

    Are all these creative endeavors gonna pay the bills though? People go corporate because it pays.

  • @jldp24
    @jldp24 9 днів тому +7

    America is wild and thr ppl sre dumb..im talking about you. Good that you got the paper..but cmon man

    • @SiblingsVFX
      @SiblingsVFX  8 днів тому +2

      @@jldp24 😭😭😭😭😭😭😭😭😭😭😭😭

  • @UptownSigma
    @UptownSigma 5 днів тому

    keep hustling. learn how to sell and market your services while working part time. lego!

  • @RickyTPB4L
    @RickyTPB4L 9 днів тому +8

    Buy some crypto XRP XLM hold it for the next couple years maybe you’ll have enough to get out of the hole

    • @28cthedestroyer
      @28cthedestroyer 9 днів тому +4

      😂😂😂😂

    • @SiblingsVFX
      @SiblingsVFX  9 днів тому +2

      I done already started looking into it 😭🤦🏾‍♂️ I needa just go ahead n buy it 😭💯💯

    • @RickyTPB4L
      @RickyTPB4L 9 днів тому

      @@SiblingsVFX get it while it’s cheap my guy shits only going up from here

    • @ahnonamos
      @ahnonamos 6 днів тому +4

      @@SiblingsVFX - you absolutely should not do this. You are making a video about financial regrets, unless you are looking for more financial regret content do not take this horrible advice

    • @Tracked350Z
      @Tracked350Z 4 дні тому +1

      I see how these things work now. Find the most down on their luck person, say hey this crypto Yada Yada is about to kick off, they get excited, we pump the stock, then I take my money out.

  • @Thesixwolf6
    @Thesixwolf6 4 дні тому +1

    no college is worth 100k

  • @jokerpilled2535
    @jokerpilled2535 8 днів тому +2

    You’re cooked bro, if your parents aren’t gonna pay for your education then go to the cheapest college you can find. I went to a community college and flunked out but at least I didn’t waste any money.

    • @SiblingsVFX
      @SiblingsVFX  7 днів тому +1

      😭😭😭😭😭😭😭 I flunked my first college too 😂😂 shit was ass. Freshman year 2020 during Covid

    • @AlbatrossWhisper
      @AlbatrossWhisper 3 дні тому +1

      Yeah i agree. If you dont come from money or have a scholarship + grants, go to the cheapest accredited school you can find. Heck my masters was $12k

  • @ANGELCRYPT0
    @ANGELCRYPT0 5 днів тому +1

    Stack your Sats and XRP

  • @brainsmasher66
    @brainsmasher66 Годину тому

    You are an educated fool. Now, get a job, get another job and pay off that debt as quickly as possible. It will make you a better man.

  • @ft1725
    @ft1725 7 днів тому +1

    There are hundreds/thousands of pieces of information that state if you’re going into debt, it has to be for a high paying industry. If you can’t afford to pay out of pocket, it’s your fault that you made this choice. You better get HIGH paying in demand skills. You had 4 years to do so.

    • @SiblingsVFX
      @SiblingsVFX  7 днів тому

      Well realistically, that could be paid off in a year. One good year as an entrepreneur is crucial. Debt would scare me if I wasn’t doing what I’m doing tbh

  • @RuggedElefont
    @RuggedElefont 3 дні тому

    You should have gotten a real degree

  • @drfeelgood3073
    @drfeelgood3073 15 годин тому

    Film degree???????????
    Wow. Thai generation is lost

  • @b.coxemba6799
    @b.coxemba6799 6 годин тому

    So you fail every class on purpose. Still have to pay for them. That's apparently part of the debt. Free online classes don't validated people. Credentials that are socially acceptable do. You wasn't serious. I graduated with 31k of debt and MBA. Had no problem paying. I invested in myself. I own and operated a LLC financial consultant. You have a problem with authority and structure. Hopefully you won't be a staving artist.

  • @tonynguyen224
    @tonynguyen224 9 днів тому +3

    sound lazy

  • @Gushhy
    @Gushhy 3 дні тому

    No degree unless your going for law/ doctor... Requires this type of money... No degree, i wouldnt feel comfortable with this type of debt..like at all. I got 7/8k of debt and im freaking the fk out... 100k LMFAO... Boi, I'd suffer. Good luck to you.. genuinely

    • @censoredeveryday3320
      @censoredeveryday3320 6 годин тому

      Even law is a gamble. I've known several people with 250-300k of debt from law school and transitioned to something else.