I read in this month's Kiplinger's that a study by Sallie Mae done in 2008 showed that 70% of college students and their parents don't consider future income potential when deciding how much to borrow for college.
No wonder so many people get into debt trouble. They give no thought to their ability to repay the debt.
How can anyone borrow money blindly without having some type of plan to repay it?
No wonder so many people get into debt trouble. They give no thought to their ability to repay the debt.
How can anyone borrow money blindly without having some type of plan to repay it?
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