This blog used to be about debt. Now it's about a few more things. But really, it all comes back to debt. Trust me.

Saturday, December 2, 2006

This is what I mean

You can tell your story better than some hack national newspaper site. Watch this video. It's not the best thing in the world, but at least they are trying to make something creative out of their situation.

What situation? The scam that is higher education. While you're in school you have 400 ways not to pay it back -- as long as the interest becomes part of the principal. Even after school -- stretch the loan amount so you pay back twice what you owe.

Is this a joke? It's as serious as a mortgage. And you won't be able to get one of those either if your debt is high.

I make a lot of money. Or at least I thought I did. the whole reason for getting EDUMACATED in the first place.

How much home buying power do I have? Not much. Thanks to scam that is higher education, the promised entry into the "Upper Middle Class," I can only buy twice my income. I guess the kids will be sharing the kitchen. Sorry honey.

I didn't know.

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