A 38-year-old with $38,000 in student debt tells other generations, ‘I highly recommend finding a way to avoid taking out loans’ (fortune.com)

submitted 3 hours ago by tuxbot@infosec.pub to c/economy@lemmy.world

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[-] saltesc@lemmy.world 4 points 2 hours ago

I grew up very poor. It's in my nature to avoid debt like the plague, even "good debt". Somehow that's worked out very well for me, so I also recommend it.

[-] HubertManne@moist.catsweat.com 1 points 1 hour ago

im not so sure there is good debt anymore.

[-] pfwood178@sh.itjust.works -1 points 2 hours ago

I'm 37 and paid off all of my ~80k in student loans (for a communications degree) since my 2009 graduation earlier this year... How the hell does this person still owe so much on their student loans?

[-] Dettweiler42@lemmy.dbzer0.com 1 points 3 minutes ago

Congrats on having enough income to pay your loans quickly. Most of us aren't as fortunate.

[-] mindaika@lemmy.dbzer0.com 4 points 1 hour ago

Pretty easy: I owe $135k on the $60k I took out in 2005

this post was submitted on 26 Oct 2024

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