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Reply to "What is considered a high income for millenials? (18-34)"
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[quote=Anonymous]The biggest differences I notice are housing and student loans. I'm a 40 something gen-x'er and when I finished graduate school in my 20s I landed a 100k job. I had gone to 4 year private undergrad and 2 year private grad school and walked away from both of those only owing like 40k. I got my own apartment in Ballston and paid around $1200 mo and started paying down my student loans aggressively. In those days 100k was pretty nice - my own place in a nice area, plenty of money for rent and debt servicing and even some 401k contributions. These days forget about it. It costs as much for one year of private tuition now as it did for FOUR years when I went and it wasn't that long ago (graduated late 90s). [/quote]
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