Tuesday, June 15, 2010

It's All Relative

I have to make a confession.  I owe a boatload of student loans.  I don't want to get into details, but it's like another mortgage payment.  I tell people I'm paying on two houses. One we live in, the other is held by the United States Department of Education.  It's enough to finance a small country (and probably a couple of their ubiquitous revolutions).

Just today, I was reviewing a request for assistance.  This person is unemployed and owes $420,000 in student loans.

Come to think of it, I'm REALLY not that bad off!

1 comment:

Did it MY way said...

Well look at this way....you are paying it back with inflated dollars. Lets see at $50.00 a month for 200 years. LOL

See Ya