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Reply to "I think I want to quit working"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm amazed at how many people are encouraging her to quit while [b]completely[/b] ignoring the fact that she has substantial debt and still needs to save for college. [/quote] She said they save a decent amount while making their current loan payments. As long as they can still do that, what is the big deal? She is probably fine with her own children having student loans, as she does.[/quote] DP. Why do they even still have those loans if they are making so much money? Also a terrible idea to have your kids take student loans. Plenty of kids graduating right now with “practical” majors who can’t find jobs. We can pretty much assume there are no 100% safe majors. Whatever we think is “safe” now might not be in a few years. A lot of kids are better off not going to college at all if they only way through is debt. [/quote] My husband makes $800k a year and still has student loans. They are at 2%, as is our mortgage which we also still have. It would be financially stupid to pay off these loans in advance.[/quote]
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