Thursday, April 21, 2011

Debt, Debt, Debt!!!!!!!



Fortunately I am not one of the many students that will have a student loan debt after I graduate. I think that it is crazy that student loan debt have passed the credit card debts. In a recent news story I saw it says that President Obama and his wife both owed over $60,000 of student loan debt. That is a lot of money. But I believe that in the long run it all pays off because we have a better education and have good jobs.

I believe that all of us should start an account for our children when they are born  to start saving up for their college education so they wont have to owe a lot of money after they graduate. We should all be smart enough and not have them go through everything that Americans are going through right now.