I will be SO ANGRY! I repaid ALL of my college loans on time, in full, and we paid for all three of our kids to go to college. Youngest just finished in 2011. His was the most expensive because he went to a private university in California, that doesn’t do Instate Tuition. It was very expensive. We didn’t buy a new car for ourselves from 1995 - 2011. We scrimped and saved and lived frugally.
I guess we should have gotten HUGE student loans for our kids!
And if the US gov decides to TAKE 40% of our money from the bank, we will wish we hadn’t been so frugal, we will wish we had spent ourselves into debt - like the fed gov did
As I have often posted here, one thing I’ll remember about the Obama years will be feeling stupid for working and paying my bills.