Well, thats perspective. Thanks! Beaters did die, more than once…wasnt a cake walk.
The context here started with college debt. I stuggle with the idea that a college graduate only find a minimum wage job. Or if they do, that that will be their wage the entire time they’re paying off debt. Am I being naïve?
Answered in other comment. I appreciate the question!
I graduated in 2011 from a state school in Minnesota. $90k in student loans. Private, parent plus, the works…first job out of school I averaged $50k on an hourly job, and only got up to about $65k by 2017. Got married with that debt, my wife had none. We both worked, my job and hers gave us combined income ~$75k. One bed apartment rent was $950 back then, we owned 2 cars, both beaters, no debt. Paid it all off in late 2019. No debt since then except a mortgage.
Maybe don’t go into debt to begin with? And yes, I did go into student debt, but I paid it off. How? Shit wage at a few horrible jobs. It can be done.
“falling inflation” means prices are still rising…the rate of increase is what has decreased. What we need is negative inflation…or said differently, price decrease.
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It was so nice of them that I paid those loans off too! They didn’t pay a cent.