I am 50 years old and I’m currently saddled with a ton of student loan debt. I wasn’t able to go back to school until about seven years ago and we were not in any position for me to be able to afford college. The other side of that is that we were in no position for me to not have a degree in order to make more money overall. I am going …
I am 50 years old and I’m currently saddled with a ton of student loan debt. I wasn’t able to go back to school until about seven years ago and we were not in any position for me to be able to afford college. The other side of that is that we were in no position for me to not have a degree in order to make more money overall. I am going to be hopefully close to retiring by the time I get it paid off if I’m lucky. Our daughter on the other hand is absolutely drowning in loans. She’s getting student loans to cover her tuition but it’s never enough so she had to take a private loan out in addition to her student loans (nota fancy college, just a state university) That is not abnormal for college kids these days. They’re graduating from college with a bachelors degree & if they’ve had no college fund growing up, they now can have six digits in student loan debt. Our economy is never going to be able to continue to move forward if we have people who can’t move out of their parents homes or pay their bills because all of their money is going to student loan debt. I’m not saying wiping away debt is going to answer it but there has got to be a better solution than what is currently taking place
I am 50 years old and I’m currently saddled with a ton of student loan debt. I wasn’t able to go back to school until about seven years ago and we were not in any position for me to be able to afford college. The other side of that is that we were in no position for me to not have a degree in order to make more money overall. I am going to be hopefully close to retiring by the time I get it paid off if I’m lucky. Our daughter on the other hand is absolutely drowning in loans. She’s getting student loans to cover her tuition but it’s never enough so she had to take a private loan out in addition to her student loans (nota fancy college, just a state university) That is not abnormal for college kids these days. They’re graduating from college with a bachelors degree & if they’ve had no college fund growing up, they now can have six digits in student loan debt. Our economy is never going to be able to continue to move forward if we have people who can’t move out of their parents homes or pay their bills because all of their money is going to student loan debt. I’m not saying wiping away debt is going to answer it but there has got to be a better solution than what is currently taking place