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[quote=Anonymous][quote=Anonymous]Am I the only one?! I feel like it. I come across sooo many people who were lucky enough for their parents to pay for college. My loans have increased $12,000 in interest since the 8 years I’ve been out of college. It just sucks....
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I get it, OP.  Those whose parents paid for grad school (and undergrad) were in such a different financial position when they took that first job!  They could start saving right away for a house and think about getting married and having a family.  I felt like those people were 10 yrs ahead financially.  BUT, you can't change the past.  You simply have to make the best of it.  I had $70K in loans (that was 20 yrs ago).  I was unemployed for a little while.  Almost stopped paying.  Was *this* close to moving out of my apartment and moving from VA to CT to live rent-free with a friend until something came along... and then ... I got a temp job, and that led to a real job eventually, and when DH and I got married, we used all of my salary to pay off those loans in 2 yrs, before we had kids.... and on and on.  So, yes, we are debt-free.  Own our house out-right.  No car loans, no school loans.  No on-going credit card debts.

There isn't any magic.  It's just about making decisions the prioritize getting rid of debt.

But, because of how much we hate debt and how much further ahead my peers were when they had no debt -- I definitely would like to help our kids have minimal debt.  It's probably good for them to have some skin in the game.

Bottom line -- if you can do better for your kids, do it.  If you can't, then just do the best you can.  We all have things that make our lives easier than other people in some ways and harder than others in some ways.  Don't allow yourself to be jealous.  Just do all you can to get rid of your own debt.  When you are happy with your life situation, you won't be so tempted to compare yourself to others.  [/quote]

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