Reply to Honestly the complete disregard for GenX financial strain is getting old

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Reply to "Honestly the complete disregard for GenX financial strain is getting old"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Gen X’er who was able to buy a condo in my mid-20s with 3% down, take the equity from that to buy a house in Arlington, then take the equity from that to lock into my forever home at 2.65%. 25 years at my company and consistently maxed my 401k contributions.

I don’t think any of these steps is possible for the generations behind us.  [/quote]

One more - I also paid off my law school debt in 10 years because it was ‘only’ $110k (no help from parents). $100k gets you 1 year in undergrad now.

No, I was not big law. [/quote]

lolololol! i have 2 kids in college and one is heading off to medical school and i don’t pay 100k a year for a year of undergrad combined. Pre med kid got a good enough education at UVA to score a 524 on his MCAT. If he stays at UVA for medical school we will continue to pay his tuition only @ 55k/yr for med school. [/quote]

Thats great for you, but a lot of people do. In state is a LOT more competitive than it was for GenX.

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