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(The Year 2012 In Review)
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|User Info||Consumer Credit March -- Ouch; entered at 2012-05-08 10:52:25|
I think Mdm nailed it! Student loans are like the new credit crack hit, especially among those who indulged in the HELOC binge. I personally see people in their mid 30's-40's rationalize going back to school because of the "economy" and using student loans to continue their unsustainable lifestyle. |
Those are the people I have no sympathy for....actions meet consequnces and all that. The younger generation I feel a little more sorry for because they have been berated their whole lives that they have to go to college to make it or their only other option is flipping burgers.