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Reply to "controversial opinion: money & finances edition"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think people who put themselves in a position to still have college loans into their 30s are blazing idiots. If you cant make enough to pay your loans by age 29 with your white collar job, you are a failure.[/quote] I must be a blazing idiot because I will continue putting my cash in the stock market as opposed to servicing low interest debt. I'm 36 now, and don't have any plans to pay them off soon. The interest rate is 2.5%. [/quote] Yes, you are. Clear your debt.[/quote] NP: I held onto my low-cost student loans as long as I could (also at 2.5%) until my late 30s even though I had more than enough cash to pay them off within 3 months of graduation. I earned an average of 9.9% on my investments. I don't see how I'm a blazing idiot. I wish I could get that debt back again! [/quote]
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