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[quote=Anonymous][quote=Anonymous]If you haven't taught your kids to want independence by the time they're 25, you have no intention of cutting the strings.

Listen to how many moms here want their "kids" to live at home as long as possible.

Hint: Anyone with a degree and five-figure debt is not a "kid."[/quote]

But what "lesson" are you actually teaching your kid by forcing him to live outside the home? I'm sure the student loan creditors love this "shame", as all it does is prolong the interest payments.
:roll: 
The whole point of living at home is to increase their long term wealth by paying off creditors faster. This is a no-brainer. The fact of the matter is that it costs $80K to go to a decent public university for 4 years as an in-state student. We are hampering the youngest generation with student loans, the consequences of which are coming home to roost.

I'm in my early 30s, make $100K and pay about $750/month in student loans. I'd LOVE to eliminate rent from my life, as it would allow me to more aggressively save for a down payment and pay off student loans quicker. I'm currently paying $1500/month in rent and will be downgrading to live in a house with friends so I can pay $1000/month.  If my family lived in the area, I'd live with my mom in a heartbeat. She's lonely and would love my company, would love to have me around to fix things, and would love to help me save money.

I feel sorry for your children.[/quote]

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