Do not pay back your student loans, they need to learn fiscal responsibility

Who the fuck loans $50,000 to an 18 year old with no job.

(The point is that unaffordable tuition is a bad idea)

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HumanEarth · F

Right... banks are gullible or very smart.

Think about it.

The risk that bank is taking. They are banking that the kid will pay back the money with 40% interest.

And a lot of dumb kids do and learn to be in debt forever.

I taught my kids that you buy anything with cash and you dont need new. That includes buying a house or a farm with land contracts.

I've proven that to my kids over time and time again.