Wednesday, July 15, 2009

The worst part about being in your 20s


This can be summed up in two simple words...student loans. They are so expensive especially in North America. When you are in your 20s there is no possible way to make money to pay off the loans. I mean between rent and trying to buy a half decent business wardrobe (lets face it, ripped jeans and American Apparel T's do not cut it in the real world) how are you supposed to come up with $300 a month! Ok and lets take a step back here and think about what that $300 a month means. On a debt of between 20-25 thousand dollars paying $300 a month means you will have your loan paid off in 9 years. 9 YEARS!!! You will end up paying almost 10 thousand extra in interest. That is the stupidest thing I have ever heard. Shouldn't a country want to invest in their youth...Youth are supposed to learn and bring the country new hope....in North America apparently we like to make it as difficult as possible....well I think we have not got a clue and our culture is the reason we are in this recession and therefore we should rethink a few things....maybe starting with secondary education....


Just a thought....

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