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[quote=Anonymous]OP here. Some of you seem to think I'm talking about letting kids live at home indefinitely while they pretend to save. That's not what I'm talking about at all. I'm talking about one year. During that year, almost all of their money would go toward student loans, and I would pay the rest of their bills (car ins, phone). They would get to keep a small amount of cash for recreation. I would definitely expect them to do much of the work around the house as well. In fact, it would be a great time for DH and I to do a lot of traveling since we would have someone at home to take care of the house, family pets, etc.  :wink:

Just think about how much they could pay off in a year. The average entry level salary is currently $43,000. I think they could realistically be expected to put $38,000 toward loans, and that would give them $5,000 (appr. $100 per week) fun money. If they aren't out after the one year mark, I would cut them off. They would be paying all the "real world" expenses, including paying me fair rent. Most 23 y.o. would not want to stay in that situation very long. [/quote]

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