I read in my newspaper that college graduates today average more than $25,000 in Student Loan Debt when they receive their degrees.
This means right after graduating they are faced with the First Major Financial Decision...
They have to decide if they will make payments on their $25,000+ Student Loan?
Or
Will they make payments on their $25,000+ Credit Card Bill?
It is sure surprising how fast all those Spring Break Trips, Video Games, Beer and Pizzas add up.
Would I kid u?
1 comment:
yeah i had a deal with my dad...he could handle half of my college tuition at the time...it was six hundred bucks a year...i had jobs during summer and got the rest of the money...and the last two years i borrowed seven hundred dollars from government on a student loan...one per cent interest on balance...it took me ten years to pay it off...if i would have had to go to college these days i just would have not gone to college...go get a good job as a welder, pipe fitter, millwright, electrician...or something like that...that decision is being made right now by a lotta kids...they just cannot pay or borrow that kind of money for college.
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