so is the real problem in pyredi's picture to make kids go to school for doctor and engineer degrees?

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No debt other than daily purchases on my credit card that I pay off every month. House, however, will come soon enough.

11/16/2012 11:20:27 AM

^^^tackle

I'm Krallum and I approved this message.

11/16/2012 11:20:39 AM

Quote :

"...wait, what does the government do to reduce the cost of college?"

stop making loans easier and easier to get while at the same time cutting federal and state funding

we need risk-based student loans with rates that are dependent on a schools job placement rate, previous student average starting salary, degree, and grades

(we have about $20k in student loans we are paying and the payments are manageable and the rates are low)

[Edited on November 16, 2012 at 11:25 AM. Reason : .]

11/16/2012 11:24:11 AM

Around $220k on the house and $60 in grad school debt.

Meh.

11/16/2012 11:26:05 AM

~40k for various things

But by the OPs standards, 0.

[Edited on November 16, 2012 at 11:31 AM. Reason : ]

11/16/2012 11:29:32 AM

1 credit card - (will be paid off by end of this year)-though I'm keeping the card as revolving credit

Student Loans-not in a hurry to pay them off bc the rate is so low.

No mortgage

$750 Care Credit for my dogs Vet Bills- 0% interest for 18 months or I would just get rid of it

11/16/2012 11:54:11 AM

$0

11/16/2012 5:31:25 PM

What my wife and I owe, so it is debt:
~110k on the house (over 27 years)
~40k in school (over 8 years)
~15k on the car (over 5 years)

11/16/2012 6:30:09 PM

About $5K left in school
$2K left in in first car loan
$7K left in second car loan
$7.5K in CC (Getting married cost more than I thought Was working it down, but a medical procedure set me back)

Expect it all to be gone over the next 2 years, and a new mortgage to eat away at me.

11/16/2012 6:42:47 PM

made my last car payment about 3 months ago

debt free, bitches

11/16/2012 6:46:51 PM

I just took out a $75K loan to get my LLM in tax law.

So a lot.

11/16/2012 6:58:39 PM