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itt: a bunch of people who want to pay off the debt that my degenerate college friends have from taking out loans to buy drugs and alcohol.
by jcon321 4y ago
itt: a bunch of people who want to pay off the debt that my degenerate college friends have from taking out loans to buy drugs and alcohol.
- lotsofpulp 4y agoIt is crazy to me. Imagine being a responsible parent and advising your kids to go to trade school and have them getting their hands dirty because you correctly predict that student loans will not yield a sufficient return. I have a cousin who refused to sit down with me to model their future cash flow, and plowed ahead with borrowing $300k between ages 18 and 27 to buy credentials that would only earn them $60k per year! I knew all this, I warned them, tried to educate them, showed them data, and they ignored me.