25 years old and deep in debt

[CountDeMoney]

Capitalism = Bad according to CdM

Paying interest for the sake of interest = Bad according to Augustine
Paying money to someone to use money = Bad according to Aristotle

So go fuck yourself, you stupid fucking Wall Street nigger bitch.

[Neil]

How is that good? No job + student loans = poor economic picture, with or without credit card debt.

Because those young people will become detached from the system and hopefully more violent.

[11B4V]

Capitalism = Bad according to CdM

Paying interest for the sake of interest = Bad according to Augustine
Paying money to someone to use money = Bad according to Aristotle

So go fuck yourself, you stupid fucking Wall Street nigger bitch.

Gots to pay to play.

[merithyn]

Paying interest for the sake of interest = Bad according to Augustine
Paying money to someone to use money = Bad according to Aristotle

So go fuck yourself, you stupid fucking Wall Street nigger bitch.

I agree that minimizing credit card debt is good. I'm just concerned with how doing that is going to affect these kids' hire-ability.

[Eddie Teach]

Paying interest for the sake of interest = Bad according to Augustine
Paying money to someone to use money = Bad according to Aristotle

As bad as capitalism is, it beats the heck out of the classical slave economy.

[CountDeMoney]

As bad as capitalism is, it beats the heck out of the classical slave economy.

As opposed to the current slave economy.  Gotcha.

[Ideologue]

I dunno... laughing at her for not putting the cash nexus first seems kind of like something a bitter, grown-up nerd would do.

Not putting the cash nexus first is how people end up with 8 useless degrees and $200K in student debt.

After about $100k it's Monopoly money.

[Ideologue]

Yeah, if anything I would think this shift from "ZOMG I WANT TO ACTUALIZE MY INNER ANGST THROUGH MUSIC!" to "I want to become a teacher" is a pretty significantly positive adjustment.

She knows she has to do something, and the teaching is at least an almost guaranteed job

Hahaha.  Oh God, you mean it.

[Ideologue]

Best news in this thread yet.

Sure.  If you like nondischargeable debt taken on to pay for an intangible good.

[CountDeMoney]

Best news in this thread yet.

Sure.  If you like nondischargeable debt taken on to pay for an intangible good.

There is nothing wrong with a newer generation learning not to want to buy things they can't afford.  It will restore balance.

[Eddie Teach]

As bad as capitalism is, it beats the heck out of the classical slave economy.

As opposed to the current slave economy.  Gotcha.

Your metaphorical cross doesn't hurt like a real one. 

[garbon]

How will they build credit?

[Valmy]

Until their poor credit rating due to no credit makes them unemployable.

It almost makes CdM's conspiracy theories about us all being slaves seem plausible that this is your reaction to young people taking on less %20+ interest unsecured loans.

It is sort of messed up that having a decent sense of math and your own interests would make you unemployable.

[garbon]

Until their poor credit rating due to no credit makes them unemployable.

It almost makes CdM's conspiracy theories about us all being slaves seem plausible that this is your reaction to young people taking on less %20+ interest unsecured loans.

It is sort of messed up that having a decent sense of math and your own interests would make you unemployable.

Or you could just make purchases on your credit card(s) that you could already afford to pay.

[CountDeMoney]

Or you could just make purchases on your credit card(s) that you could already afford to pay.

Or you could just make purchases with cash.  Last I heard, there's no interest charged to do that.