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As a 30 year old woman, I still have endless conversations with friends regarding debt, savings, schooling and the like. From both my experience and the experiences of my friends, it is clear to me that the biggest gift my parents have ever given me was the gift of a college education. I was told that my college would be paid for in full if I attended an in state school. I left college with the ability to start fresh, obtain a single credit card that i paid off every month and slowly begin to save every month instead of being burdened by that debt. Most of my friends, by contrast, are still, at the age of 30, paying off college loans. This huge monthly commitment has caused most of them to create an avalanche of debt through credit cards, car loans, etc. If all students had access to an education that could be walked away from without debt and along the way we taught them to be financially savvy in other aspects of their lives, many of the problems that face young people and adults alike in our society would vanish.

posted 4 years, 9 months ago
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