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A comment on Young Money – Beating “The Man” by Spending Less. Parent comment

Re:Young Money – Beating “The Man” by Spending Less by RyanZAG on Tuesday February 05, 2013 @09:52AM (#5170869)
While you're correct about not generalizing, the number of students who are in debt is enormous[1]. Everyone wants to be amazingly educated with all the latest awesome gadgets, and unfortunately, it really is causing a lot of problems for society. The author really is doing a good job for himself if he is saving up some money and getting out of debt.

We'll see how it goes...

[1] http://www.asa.org/policy/resources/stats/default.aspx

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Re:Young Money – Beating “The Man” by Spending Less by jiggy2011 on Tuesday February 05, 2013 @10:03AM (#5170926)
I wonder if taking out a student loan puts people in a mindset where they are more willing to take on debt?

If you're already borrowing some thousands of $ for an education on the basis that you will "make it back when I graduate" what's a few more hundred $ for an iphone?

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Re:Young Money – Beating “The Man” by Spending Less by lysol on Tuesday February 05, 2013 @10:12AM (#5171000)
That was my mindset when, after college, I got my first credit cards. What's another thousand bucks on top of 30k?
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