re: 3/4s of millennials are more than $100,000 in debt, most not from mortgages

Seems accurate.

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My point is his inability to write effectively and accurately. He uses adjectives poorly, trying to strengthen his point, but it's does the opposite. It MAY be subjective, but it's not completely subjective. It makes his point wrong. It shows his ignorance and reveals some of his insecurities.

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Your obsession with trying to "prove me wrong" for lack of a better term on minutiae is quite odd.

But given you're an old frick stuck by yourself shitting your pants I guess I shouldn't be surprised.

You didn’t say it was for law school and I assumed it was for undergrad alone.

I still think $500,000 for undergrad and 3 years of law is too high, but that’s a completely subjective opinion.

F I just saw the capital O followed by letters not weO and thought I was responding to the same poster. Damn it. I promise I’m good at math, just the language arts trip me up

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OR you can have a real conversation with individuals and stop with the generational bullshite propaganda used to divide society.

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Like you’re doing with boomers?

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It isn't hard. If my wife and I were starting this fall at the same schools our education would cost right at $800k in tuition alone

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Dayum

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How many people are $300k - $500k in debt? It’s got to be a lot. That seems crazy.

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Doesn't sound crazy at all. Median home prices are what, $300something thousand?

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Do 10-15 year bankers in NOLA and BR really make $200,000+?

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Seriously doubt it. My dad has been a significant long term investor and board member of a traditional banking group and probably only some who have moved into significant management roles or bring a large volume of business in annually would be making that or better. From prior direct experience as a commercial lender one can make serious money in the right niches. I'm sure non-bank mortgage originators made a shite ton of money the last 7-8 years if they were good at their job and motivated.

I have some bad debt right now, but none of it is student loans. I was doing great financially, but decided to buy a modest starter home and rent half of if. It was a fixer-upper, so I started a few repairs. I had to finance most of the home and the repairs.

About half way through the reno, I get laid off and spend a couple months searching for a new job, but can’t find anything in my city. I end up getting a job in another city thinking I can rent out the whole house while I work over there. I get f$&ked by a bad tenet. Now, I’m stuck with the mortgage on my old house with not enough rent to pay it, and the rent for my place in the new city.

I’m barely getting by, then I get sick…really sick (almost die), but the health insurance at my new job is terrible and covers nothing, AND they don’t give me adequate sick time or short term disability to recover, instead, docking my pay (they also gave me a date by which I would need to vaccinated or be terminated). Then, they jack me around about not working remote during a Hurricane when the office is wiped out and I can’t find anywhere within 100 miles with electricity. To make matters worse, the hurricane wrecks one of my side hustles completely.

As a result, thinking I have another job lined up, I quit that job, but the other falls through leaving me f$&ked (led me on). I Weasel out of my lease and move back to my house after ousting the deadbeat tenet who stiffed me, but have to go in more debt to pay off the apartment.

I work whatever little shitty gigs I can get and mooch off family, but it barely pays for my mortgage and some food. I have a professional degree, yet get stuck working 3 or 4 different under-employed gig jobs just to get by because I can’t get hired at a real job. It says everyone’s hiring, but I never get a call back. I just keep racking up debt thinking the next job is coming, but it never does. If something doesn’t change soon, I’m going to have to sell the house and move back in with my parents…again. I don’t even need that much money to live a very stable existence, like less than $40k, yet I just feel trapped in these dead-end gig economy jobs. I have a couple real job interviews this week, so hopefully one of them will pan out and everything will be fine again.

The reality is that in the span of 18 months, I went from solidly middle class young professional to bordering on bankrupt deadbeat because I got laid off, when I was literally the last man standing on my team from the date I was hired. Yeah, I’m mad!