You have a lot of delusional people on this site who are older and more established and have not a clue what its like in the real economy right now.
Yup. I wish these people would take off the blinders and see things as they really are.
I think that unless you live in a bubble you would have to know but even as we all know responsible people who take their debt seriously, we all know the users and the abusers too.
The people I know who are avoiding their student loan debt are people who have never been serious about a job. Both are women and one got their education mostly for free and took the loans so she didn’t have to work. They also graduated when jobs were plentiful. One has worked part-time as a waitress for 16 years, it wouldn’t do to interfere with her party life and the other one is a teacher who can’t ever get rehired after the first year.
Oh we do have an idea about how it is in the economy now. Some of us have been screaming loudly about the path we are heading down as a country.
We’re just old fools, what do we know?
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Oh, do you mean those of us who kept afloat (and moved forward) during the dismal Carter years when interest rates were over 15% on mortgages, 19% on cars and upwards of 25% on everything else?
Or those of us who in the late 80s, early 90s lost 40% or more in value on the houses that they managed to buy in spite of those earlier interest rates?
Or maybe you mean those of us here who watched city after city in the northern tier lose 95% of factory and related jobs to overseas competition.
Or do you mean those of us who dealt with all of that, didn't cry, live in our mommy's basement or blame the "older" folks but kept working, kept fighting, kept paying our bills and kept moving forward.
You young guys are so weak that it would be funny if you weren't such a drag.