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To: grania
I don't understand why people don't rent somewhere really inexpensive or live in a trailerpark or with relatives or whereever until their college debt is paid

Because people would call them bums.

I have done this with my son; he pays bills, is responsible for chores around the house, etc. My peers cannot believe he lives at home.

18 posted on 08/26/2014 12:04:13 PM PDT by ican'tbelieveit
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To: ican'tbelieveit; grania
Depending on the location, monthly rental payments may also be as expensive as mortgage payments if you can find a rental that is liveable in the first place.
26 posted on 08/26/2014 12:37:11 PM PDT by buckalfa (Long time caller --- first time listener.)
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To: ican'tbelieveit
I have done this with my son; he pays bills, is responsible for chores around the house, etc. My peers cannot believe he lives at home.

My wife's uncle did this. He lived with his parents until he was at least 48 or so. He worked from early in the morning until late at night for his landscaping business, rarely coming home for lunch or dinner (basically he slept there, and ate breakfast there). The house was paid off, and I think he paid the utilities and probably helped with taxes and insurance. He slept in what was his original bedroom, which was a converted garage.

He finally moved out and got his own place a few years back, and probably paid cash for it.

35 posted on 08/26/2014 1:00:28 PM PDT by IYAS9YAS (Has anyone seen my tagline? It was here yesterday. I seem to have misplaced it.)
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