we were talking finances at work recently…
I was pleasantly surprised at how many of my colleagues actually paid attention when I brought up #Bitcoin and actually seemed to understand my reasoning.
I also became profoundly concerned once I learned how many of them still carry around $250,000-$500,000 of student loan debt.
debt is a shitcoin. obliterate it.
Who. That is an unbelievable amount of student debt.
Physicians (undergrad + medical school + interest).
Docs, there's no subsidies for post secondary school in USA. A common practice was to claim bankruptcy then start your own practice.
Can’t discharge the student debt with bankruptcy in 🇺🇸.
The best part is that we get to do 3-7 years of post-graduate training, make in the ballpark of minimum wage, and for all those years the interest gets to accrue.
That’s a lot in student loans. School is so incredibly expensive. Good grief.
I mean it really is, but doesn’t have to be as extreme as it is.
I was borderline transiently homeless at times and had to struggle with deciding to pay rent v food on occasion. Lived in cramped situations with way too many roommates, etc.
Most people just live in a nice/safe place, went on vacation, and used the loans to subsidize their lifestyle to some degree.
