We all know that the average person in the United States is responsible for approximately $500,000 in student loan debt, and that average person is a young adult. The average student is almost the same age as the average person who owns a home, but they don’t have the responsibility of buying a home and making it a home.
The average person doesnt know what they own, they didnt buy it, or live in it. They didnt save the money they spent on it, and they will never be able to because they had no intention of investing it.
My personal viewpoint is that most people are in the situation of being in debt because of their parents. The average student loans will be the same as the average person’s loan with respect to interest rate, amortization, and other variables. The debt will stay the same for a number of years, and then it will increase due to the fact that the student and parent will both have different incomes.
This is why so many people are in debt. Because they didn’t intend to invest it.
Yes.
The fact is that most of us are in debt because of our parents, but the problem is that our parents never had any intention of investing any of the debt in us. They just assumed we were going to pay it back on their behalf and that was the end of it. That is why so many people are in debt.
For some people, the fact that you are in debt is a good thing. The idea that we are unable to pay our bills because we cannot find the money to pay them is a good thing. Because we are not able to pay our bills, we often don’t pay them. Because we are forced to pay a bill we dont want to pay, we often don’t pay the bill. If we were able to pay it, we would pay the bill.
The problem is that when you are in debt you no longer have any control over how you pay it. Whether it is a bill you dont want to pay, or a bill you are forced to pay, its always on your shoulders. To be honest, I’m glad that the government has the power to force me to pay for things that I dont even want to pay for. But a lot of people in debt arent in control of that process, and it can come at a great cost.
In a lot of ways, the bill is the same no matter if you pay it or not. Even if you do pay it, it is still the government and the system that determines how you pay it. The government can decide to withhold your next paycheck, and if you are in the unfortunate position of having to pay that bill, then you are now obligated to pay the amount you owe. Most of us have to carry that burden, but it is also the responsibility of the government.
This bill is one of many that can have significant consequences for a lot of people. It can have a significant effect on your ability to pay your bills. It can also have a significant effect on the value of your own life. It may be that you have the ability to pay the bill, but the government has decided that you aren’t.