And now that taxpayers have bailed his ass out, he can go find himself in India, and no doubt he'll get more student loans that can be paid off by REAL workers!
Thanks Joe!!!!
Thanks Joe!!!!
A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India
- Joel Lambdin, 49, received $250,000 in student-loan forgiveness in January.
- It's a result of the Education Department's one-time account adjustments.
- Lambdin said the relief would allow him to save for retirement and consider long-term dreams.
- Joel Lambdin finished graduate school in 1998 — but as a professional musician, he was hardly making enough money to pay off his student loans and other bills.
So Lambdin, now 49, said his only option to make ends meet was to put his student loans in forbearance — in which he was not making payments but interest was still accumulating.
A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India
Joel Lambdin, 49, said his student-loan forgiveness wasn't a "jump for joy" situation but a weight off him he didn't realize was there.
www.businessinsider.com