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[quote=Anonymous][quote=Anonymous]A lot of us got into the financial position to be in the donut hole by doing "everything right"  being top students all through school, getting into a highly selective college, graduating, working for years to move up the corporate ladder, saving for college every month since our kids got out of daycare, provide the enrichment/tutoring/house in a top school district that allowed our kids to do well enough to get into a top college.  But now we can't afford to send them to the top college on the level that we attended.

I know, cry me a river.  It's such a deeply privileged sob story.  [/quote]

Yeah, I had a guy complaining about how him and his wife have $400k in student loans the other day that he's worried about paying back. His wife is a general doctor and he's a teacher. The debt is shared 50-50. I do think the real "crime" here is allowing someone to take out so much debt to get a PhD in education. It's like a mortgage company giving someone a $850k loan for a home that is only worth $550k market value. It just doesn't make sense...

However, the guy told me this story right after noting that he went to the SuperBowl in Scottsdale this year and sat in the lower section (probably $10-20k for the pair of tickets).

I have no sympathy if he has to skip a few super bowl games. A lot of student loan debt is tied to lifestyle choices made in college. [/quote]

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