nakedempire


The American Empire in a Changing World



Pages

Wednesday, April 18, 2012

''To Pay Off Loans, Grads Put Off Marriage, Children''

From WSJ

"Between the ages of 18 and 22, Jodi Romine took out $74,000 in student loans to help finance her business-management degree at Kent State University in Ohio. What seemed like a good investment will delay her career, her marriage and decision to have children.

Ms. Romine's $900-a-month loan payments eat up 60% of the paycheck she earns as a bank teller in Beaufort, S.C., the best job she could get after graduating in 2008. Her fiancé Dean Hawkins, 31, spends 40% of his paycheck on student loans. They each work more than 60 hours a week. He teaches as well as coaches high-school baseball and football teams, studies in a full-time master's degree program, and moonlights weekends as a server at a restaurant. Ms. Romine, now 26, also works a second job, as a waitress. She is making all her loan payments on time.''

read more 

1 comment:

  1. Paying off your car mortgage early when you have the financial versatility is a sagacious move that could generate you a favorable credit score factors and allow you to restore a few 100's of dollars. Most car finance organizations may grimace upon such methods since they generate their keep through interest.

    Payday Advances

    ReplyDelete