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I don't know many people who get saddled with $25k of brand new car debt when they turn 18. Typically, you buy a brand new car if you can afford one, and that p

I don't know many people who get saddled with $25k of brand new car debt when they turn 18. Typically, you buy a brand new car if you can afford one, and that precludes most teens. We're telling every kid in high school not born into means that they'll be destitute if they don't go to college. The two are not comparable.

CapricornNoble 7y ago
"I don't know many people who get saddled with $25k of brand new car debt when they turn 18." Spend some time near a military base. Brand new Mustangs galore. And when you ask the kids who bought them for some details you find out these Lance Corporals are paying like 19% interest. -_- A side-effect of schools not having classes like Home Economics anymore.