Quote:
Originally Posted by seguidordejesus
So you're arguing that it's better to have millions of people tens of thousands of dollars in debt?
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It is clear if you read that nothing I said indicates that.
I am an honest person and believe people need to pay back their debts.
I realize that many of these debts are the result of bad spending habits.
A little teaching moment for you. When students pay back their loans, the banks have more money to lend to other investments.
One of my children is an architect. At graduation, she has no debt. I have a friend that just retired as an architect and has only recently paid off his student loans forom 30 years ago. They alwys lived on debt for trips, cars and boats. What kind of bondage is that?
I actually advise people pinch and save and pay back student loans before buying a house and buy a house before they ever buy a set of wheels that has a car loan attached.
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