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We're told frequently that 18-22 year olds are incapable of understanding the implications of their college spending and the associated debt. Is a fifteen year
by wang_li 8y ago
We're told frequently that 18-22 year olds are incapable of understanding the implications of their college spending and the associated debt. Is a fifteen year old supposed to be more financially savvy?
- nailer 8y agoWorse than that: most adults (in developed countries) don't understand the law of 72 (doubling time) yet own multiple compound interest debts (credit cards)