08-09-2017, 09:54 AM
<!-- m --><a class="postlink" href="http://www.marketwatch.com/story/us-households-will-soon-have-as-much-debt-as-they-had-in-2008-2017-04-03">http://www.marketwatch.com/story/us-hou ... 2017-04-03</a><!-- m -->
Not a surprise when the job market stabilizes and the economy improves that people spend more (or spend what they don't have yet). What stood out to me was the predatory lending that financial institutions are doing again targeting lower income / low credit score individuals. It also has to be really discouraging for students who are graduating with or have graduated and are dealing with student loans. I was very, very fortunate to have parents with the foresight to put money aside for me for college when I was born despite not making a ton of money as a family and living in a super expensive area. I hope I can provide my children with the same leg up, it just gives me anxiety when I think about how fast the cost of higher education is spiraling upward.
Not a surprise when the job market stabilizes and the economy improves that people spend more (or spend what they don't have yet). What stood out to me was the predatory lending that financial institutions are doing again targeting lower income / low credit score individuals. It also has to be really discouraging for students who are graduating with or have graduated and are dealing with student loans. I was very, very fortunate to have parents with the foresight to put money aside for me for college when I was born despite not making a ton of money as a family and living in a super expensive area. I hope I can provide my children with the same leg up, it just gives me anxiety when I think about how fast the cost of higher education is spiraling upward.
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks