Student debt

[Goodbook]

what biblical advice would you give to someone who has a huge student debt?
That still needs to be paid off. Especially if they havent found decent paying work yet.

 

[Inkfingers]

what biblical advice would you give to someone who has a huge student debt?
That still needs to be paid off. Especially if they havent found decent paying work yet.

Psalms 37:21

Romans 13:7-8

Seek, honestly, to pay it off by at the very least keeping to the spirit of the lending agreement.

 

[Kit Sigmon]

Pay what what you owe...just like the rest of us do. We still paying my student loan debt and I "retired" some months ago, by my calculations it should be paid in full early next year.

 

[Goodbook]

How do I encourage this person shes feeling pretty despondent.
If I could wipe it for her I would but its not my debt.

 

[Kit Sigmon]

Is she a Christian?

 

[Goodbook]

Yes.
Caveat shes catholic and im not so we dont always see eye to eye on things. But she knows the Lord.

 

[Goodbook]

Actually her family are going to the vatican in a weeks time but she didnt sound all that excited to see the Pope as a catholic would be I would think.

 

[Goodbook]

Also she told me she thought about becoming a nun but apparently you cant be one if you have student debt either. They wont take her.

 

[rob_aston]

havent found decent paying work yet

sis, having myself been there, Jesus

 

[Te're'sa]

Hmm... your friend probably doesn't live in the USA, so my advice is probably worth nada. :$

 

[Goodbook]

Not really asking for YOUR advice am asking for biblical advice ie. From the Bible.

 

[Goodbook]

Psalms 37:21

Romans 13:7-8

Seek, honestly, to pay it off by at the very least keeping to the spirit of the lending agreement.

Thanks I dont know as I never had student debt...what the agreement actually is or even exactly how much its for I did ask and she said it was heaps...probably a couple of thousand for a masters degree.

 

[DiscipleHeLovesToo]

Mat 6:30-34 KJV
(30) Wherefore, if God so clothe the grass of the field, which to day is, and to morrow is cast into the oven, shall he not much more clothe you, O ye of little faith?
(31) Therefore take no thought, saying, What shall we eat? or, What shall we drink? or, Wherewithal shall we be clothed?
(32) (For after all these things do the Gentiles seek ; ) for your heavenly Father knoweth that ye have need of all these things.
(33) But seek ye first the kingdom of God, and his righteousness; and all these things shall be added unto you.
(34) Take therefore no thought for the morrow: for the morrow shall take thought for the things of itself. Sufficient unto the day is the evil thereof.

she needs to seek God as a priority rather than earn a living as a priority or try to find a way to pay off her debts by her own intellect as a priority - God will lead her out, but she must learn how to perceive His leading and follow it.

 

[Goodbook]

She just told me today about discerning whther she wants to be a nun and I asked about the student debt thing and she said she would pay it off by doing some work at the monastery and selling it.

 

[Hank77]

probably a couple of thousand for a masters degree.

A masters is closer to $30,000 and up.
According to FinAid.org, the average cost of master’s degree for students is between $30,000 and $120,000. The cost varies depending on the university and the master’s program itself.

The cost varies by program as well. The average cost of an MBA, for example, is $40,000. At most universities, this is what master’s degree graduates will pay. Some institutions have programs for less, and MBA programs at Harvard or Stanford could cost in excess of $120,000.
http://www.bestmastersdegrees.com/how-much-does-a-masters-degree-cost

 

[Goodbook]

I have done a masters degree myself but it most of it was paid for by my employer, the BA I did was paid for by my parents bless them. i dont have to pay them back.

All the other education I paid for out of my own pocket Ive never taken out a student loan, or it was free.

 

[Goodbook]

It seems shes made enquiries atthe monastery and as arule they dont let people with debt in but in her case shes prepared to work and pay off her debt while there as a novice.

Although she did say that her parents suggested she look for secular work first before entering the monastery/convent. (Dont know what to call it, its the carmelite sisters order)

 

[Goodbook]

The problem is the last couple of jobs she had she was bullied and i am not sure if any bullying goes on at the monasteries as well.
Its not that shes not a diligent worker or anything like that.

 

[Goodbook]

Anyway her parents also have mortgage to pay as well so...

I feel a bit bad that her family finances are in such a hole.
Its a good thing to be financially free and not in bondage or debt to anyone. She couldnt even pay for public transport or a cup of coffee. But God provided today.

Also i suggested we have a carboot sale to raise funds she can sell, her old clothes and books and I can make pikelets, for the project we want to do together, since she doesnt have a paying job anymore and is totally broke.

 

[LastAcorn99]

I’m sorry to learn about your friend’s situation. I’ll be praying for her, asking the Lord to provide for her every need during this difficult time. Blessings to you!