When the wife and I got out of school we pulled in 65K each and had a 200K mortgage and 120K in student loan debt and we still both drove nice cars and lived very comfortable because we spent responsibly, so I dont know what this Forbes writer is talking about.
This is what's known as an "anecdote".
Your opinion is duly noted.
posted on 02/06/2009 8:55:43 AM PST
by an amused spectator
(Citizen Kenyan: Commander in The Effort Against Culturally-Influenced Misbehavior.)
To: an amused spectator
I recommend that you take the time to read the full article so that you can properly understood my comments.
When an annual household income of 200+K a year can’t afford payments on a 30 year term of 190K debt there’s much more wrong in that house than the author states. To say that student loans broke up the marriage is absurd and downright stupid.
posted on 02/06/2009 9:03:56 AM PST
(Ironically, Chancellor Obama's first re-education camp will be in Alaska.)
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