Monday, January 10, 2011

Educational Loan Consolidation Explained with Play-Doh



This is a cool and interesting idea, using play dough to explain educational loan consolidation. Don't you wish they had taught that way in your school, so you would've gotten more for those bucks that you're now paying back (and most likely with interest)? In fact, I think there should be a lot more videos like this on youtube explaining many more complicated and confusing concepts like educational loan consolidation. This could help a lot of us non-math-brained people to understand these concepts, and by understanding we could live much saner, more secure lives with (and hopefully soon without) our debts.
Of course, I always thought of educational loan consolidation as something more like squishing it all into a big ball of play dough and making it easier that way by making it one big fat lump that could be eliminated at an easier pace. Not sure where I obtained that strange idea. Possibly from the way we used to clean the toys in my room as a child; make a huge pile in the middle of the room and then get rid of it (hopefully by cleaning everything up, kind of the way you're supposed to handle educational loan consolidation, or so I thought).
But the man in this video explains it all a little different (but rather than me trying to explain it all and muddling the whole idea of educational loan consolidation for you, just watch it). Apparently youtube viewers were rather divided as to whether or not this was helpful. I can't help but wonder if the detractors were a bunch of math geeks who weren't happy with his oversimplification of educational loan consolidation. Let's be honest, it happens sometimes. Sometimes a lot, actually.
So if you have a lot of educational loan debt, or a lot of interest that has or is accruing, if you aren't sure how you're going to be able to pay it all back or keep up on payments, in fact if you have any questions period, why don't you get a hold of somebody who knows and start asking questions about educational loan consolidation. Try to find someone understanding, sympathetic, but also knowledgeable, practical, intelligent, and experienced in educational loan consolidation. Most likely you will end up with some person who is a mix of these things, as people often are, but stick with it if you can. If you have to find someone else to help you don't give up. Keep looking, keep going, and don't settle for living your whole life in debt. You can do it!

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