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To: Mercat

“If each had a six figure income, then I’m guessing they were living the high life instead of paying off the debt.”

####

Unquestionably.

Oh, and the LAST thing this country needs is more “degreed” history graduates and lawyers.


13 posted on 01/15/2009 10:18:27 AM PST by EyeGuy
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To: EyeGuy

This just blows me away...supposedly intelligent people submerging in debt for worthless sheepskins. They should have bought old cars, or stamps, or gold bars. At least there would be something of value to sell off. I bet they expected this all to be guaranteed to pay back.
The real trouble here is the failure of the school system to give kids any inkling of personal finance training, which could at least prepare them to make better decisions about debt. My two didn’t get it either...


23 posted on 01/15/2009 10:23:07 AM PST by randomwalk (Liberalism is a psychosis...)
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