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[quote=Aimee4]I made the right decisions. In the 1990s. BA at state school, cost $26k in student loans. Good job after I graduated from college. Paid off student loans, got MSIR at night. Now make $125k/yr. DH made similar decisions and makes a little more than I do. We are in the top 5% of Americans as far as our income. We certainly don't feel like top 5% in this area, but we know we are very fortunate.

That said, if I was to do the exact same things over the last decade, my student loan would have been close to $75k. Why? Tuition has increased 4 fold. One semester cost me less than $1k in tuition and fees. Now, it's over $4k. That's one semester. Average $3.5k more times 8 semesters, plus the interest on that... it adds up quickly.

I had no problem getting a job. But today, that is no longer a guarantee. So those student loans keep piling on more interest, then go into default, so more fees...

I sympathize with the "99%". I have close family that is unemployed or underemployed. My sister moved up her wedding 6 months so she could fall under her fiancés medical insurance after she was laid off. There is no one hiring her specialty (x-ray tech) within 50 miles of where she lives. Yes, we see "now hiring" signs here.  But the reality is most of these people don't live anywhere near here. And it's not as simple as moving here. My brother's house payment is $800. He couldn't rent an apartment for his family of four for $800 here.

I honestly don't know what the solution is. However, we elect politicians to figure it out. And so far, none of them have. This isn't a slam on Obama or Boehner or any politician in particular. Its ALL of them. They need to figure it out.[/quote]

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