3 ms·

I do not feel a whit of sympathy for this guy. He can afford to pay, but he doesn't. That's why his debt is so high. If he had left his loans unconsolidated and

I do not feel a whit of sympathy for this guy. He can afford to pay, but he doesn't. That's why his debt is so high. If he had left his loans unconsolidated and made aggressive payments, he'd be a good deal down the road toward fixing his debt situation. Instead, he seems intent on allowing it to grow as large as possible. (Edit: I'll note that it's just like the WSJ to pick the least sympathetic possible face of a real social problem that probably ought to see some government action to fix.)

spelunker 8y ago
Agreed. He also made some frankly bad financial choices along the way: Taking out student loans to pay for the $1,800/month apartment they were renting, putting off paying the loans for a year+ while the interest accrued, buying a house while still having all this debt so that they could "live comfortably", etc. Dental school is expensive, I get it. He wouldn't have to be here if he made some better financial decisions though. In the end it's going to be the taxpayers taking the hit, however - apparently he's part of a program that will forgive the debt in 25 years.