I think it’s funny that you think less college debt boils down to finding a “cheap” place to live with the current astronomical prices, going out to eat too much, and that people don’t have roommates. I’ll give you that those 18 to, say, 24 probably don’t have the best budgeting skills. But this comment comes across like those people telling to stop buying Starbucks and avocado toast.
I’m not saying that will make someone avoid all debt or anything, but if they can leave college with 10-20% less debt due to more frugal choices, they’ll be a lot better off. Less money spent is less money that needs to be paid back, and less money accruing interest.
How is trying to avoid needless spending when all that spending is being done with debt a controversial statement? Rent isn’t like the occasional coffee, it’s a major expense that can have a huge impact on the rest of a person’s budget, especially when adding up 4 years of it. If you can save $300/month on rent, that’s $14k you don’t have to try and pay back later, while also paying the rent for your current place. Shit adds up. That’s all I’m saying. You people are touchy.
I think it’s funny that you think less college debt boils down to finding a “cheap” place to live with the current astronomical prices, going out to eat too much, and that people don’t have roommates. I’ll give you that those 18 to, say, 24 probably don’t have the best budgeting skills. But this comment comes across like those people telling to stop buying Starbucks and avocado toast.
I’m not saying that will make someone avoid all debt or anything, but if they can leave college with 10-20% less debt due to more frugal choices, they’ll be a lot better off. Less money spent is less money that needs to be paid back, and less money accruing interest.
How is trying to avoid needless spending when all that spending is being done with debt a controversial statement? Rent isn’t like the occasional coffee, it’s a major expense that can have a huge impact on the rest of a person’s budget, especially when adding up 4 years of it. If you can save $300/month on rent, that’s $14k you don’t have to try and pay back later, while also paying the rent for your current place. Shit adds up. That’s all I’m saying. You people are touchy.