Reply to Photo essay -- living with debt in America

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Easy money, easy access, easy to get into debt.  If you're smart enough to go to college you should be smart enough to handle finances. Ignorance is no excuse. Most of that money went to living large. That I can safely say is true.

College isn't for everyone. And if you want it, you can work your way through without debt or have manageable debt.

That being said, boo hoo. The internet makes it easy for you to claim victim status. Even beg for money. I'm sure some rich DC Mom or Dad will help these poor children pay off their debt.

When I ran up medical debt, I was expected to pay it. No one gave me money or forgave my debts.

Want to see my scars ?[/quote]

I worked my way through too, but in-state tuition has gone up from $500 to $7,000 a semester and out-of-state is now $40,000 a year. What job can a 19 year old get to "work their way through" ? Times have changed. [/quote]

+1...it's not apples to apples by any stretch.

My mom got an English degree from a small regional school, graduated in the 80's from a law school ranked 5-6 [i]in just the DC market[/i] (75-100 nationally) where she paid 7K a year, worked in Biglaw evenutally making partner, and bought a house in 1988 in close-in Bethesda for less than ~150K now worth around $1MM.

This path isn't even close to viable these days.

[/quote]

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