[IndispensableDestiny]

I graduated in 1982 with $10,000 in loans at 6 percent, payable over 10 years ($116.11 per month). In 2021 dollars, that is 27,255.

In 1986 I bought a house with a $77,000 mortgage at 10 percent. That's $209,866 in today's money.

I drove a used car until 1987, so no payments there. Got married in 1987 which helped with the debt burden. She had a paid off car too.

Today's young adults have bigger student debts, pay rent, pay car loans, and stay single. Too bad for them.

[Brian Griffin]

“Today’s young adults have...”

These were some of the federal income tax brackets from tax year 1982:

$0.00+ 0%
$2,300.00+ 11%
$3,400.00+ 13%
$4,400.00+ 15%
$8,500.00+ 17%
$10,800.00+ 19%
$12,900.00+ 21%
$15,000.00+ 24%
$18,200.00+ 28%
$23,500.00+ 32%
$28,800.00+ 36%

https://www.tax-brackets.org/federaltaxtable/1983

I was looking at a 32% marginal federal tax rate when I bought my house in 1982.

“Rates for individuals for 2021
10% Up to $9,950
12% $9,951 to $40,525
22% $40,526 to $86,375
24% $86,376 to $164,925”

“2021 Standard Deduction Single $12,550”

https://taxfoundation.org/2021-tax-brackets/

[Jim Noble]

and stay single. Too bad for them

Well, if they can't get married and form families, it's too bad for everyone, you included, unless you are lucky and catch cancer before everything collapses.