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qoraxeey wrote:yeah ...its suckz to live in CAPITALISTIC HELL AKA AMERICA



viva socialism

Sweeden is gay, u wish u could be in America

dman america is not as attractive as it used to be..

In australia there is a government program called HECs that is basically interest free student loans that need not be payed untill you start earning over $18000
and the amount earned over $18,000 is taxed automatically.

shirib hell no

last place on earth to live in



all the poor people

gurey25 wrote:dman america is not as attractive as it used to be..

In australia there is a government program called HECs that is basically interest free student loans that need not be payed untill you start earning over $18000
and the amount earned over $18,000 is taxed automatically.

If you get subsidized student loans, the interest rate is low between 3%-6% and you can put off payment if you don't have a job, but interest still acrues.

If you go to a non public university and don't get government loans, apparently you're f*cked.

qoraxeey wrote:shirib hell no

last place on earth to live in



all the poor people

abaayo land of opportunity waaye nooh, u can go from rags to riches

lol ........... no Im too old to start living so far apart


my heart is in africa n europe

gurey25 wrote:dman america is not as attractive as it used to be..

In australia there is a government program called HECs that is basically interest free student loans that need not be payed untill you start earning over $18000
and the amount earned over $18,000 is taxed automatically.

in Bachelor's studies you can take subsidized government loans that have a low interest rate of 3-6%. It is interest free until 6 months after you graduate or crease to be enrolled. Thats also when payment starts. The problem is, people take out way more than they need and way more than their first starting salary.

In grad school though, the loans are like 9-12% interest and accrue while in school. I'm paying my Master's out of pocket, screw taking a loan... and I got in-state tuition still

FAH1223 wrote:

gurey25 wrote:dman america is not as attractive as it used to be..

In australia there is a government program called HECs that is basically interest free student loans that need not be payed untill you start earning over $18000
and the amount earned over $18,000 is taxed automatically.

in Bachelor's studies you can take subsidized government loans that have a low interest rate of 3-6%. It is interest free until 6 months after you graduate or crease to be enrolled. Thats also when payment starts. The problem is, people take out way more than they need and way more than their first starting salary.

In grad school though, the loans are like 9-12% interest and accrue while in school. I'm paying my Master's out of pocket, screw taking a loan... and I got in-state tuition still

I'm getting Corporate America to pick up the tab

never mind

qoraxeey wrote:lol ........... no Im too old to start living so far apart


my heart is in africa n europe

Africa waa gaajo and Europe is gay

with my entrance scholarship and tuition credit from the govt, I'm looking at <$2000/year for undergrad insha'allah

It is well known that the one who takes interest, the one who receives it, and the one who facilitates it are all condemned equally in islam.

My question is, in 2012 and in this integrated global economy we live in, how can you survive without interest? Even if you don't think you directly part take in it, do you really think you're not some how benefiting from it??

No nation state can survive isolating itself from the financial world which is riddled with interest. Every nation (even Somalia) has taken loans in the past from the IMF and World Bank in return for interest repayments. Even the beloved Saudi Kingdom have trillions of dollars parked in treasury bills where they receive regular interest payments on bonds. Interest has become a pillar of the modern economy, where global capital flows according to interest rates. You simply can not have economic growth/investment if you shun interest, its never been done before and never will. Shirib answer this plz.

That must be a private loan. No way will a government loan rack in that much profit.

Anyway, the answer is simple. Stop taking loans.

blackstars25 wrote:It is well known that the one who takes interest, the one who receives it, and the one who facilitates it are all condemned equally in islam.

My question is, in 2012 and in this integrated global economy we live in, how can you survive without interest? Even if you don't think you directly part take in it, do you really think you're not some how benefiting from it??

No nation state can survive isolating itself from the financial world which is riddled with interest. Every nation (even Somalia) has taken loans in the past from the IMF and World Bank in return for interest repayments. Even the beloved Saudi Kingdom have trillions of dollars parked in treasury bills where they receive regular interest payments on bonds. Interest has become a pillar of the modern economy, where global capital flows according to interest rates. You simply can not have economic growth/investment if you shun interest, its never been done before and never will. Shirib answer this plz.

unfortunately, I'm not educated enough in Islamic finance to give you an answer.

Alphanumeric wrote:That must be a private loan. No way will a government loan rack in that much profit.

Anyway, the answer is simple. Stop taking loans.

yea it's private loans. Government has been cutting back on subsidized loans, and if ur going to grad school it's even harder.