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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (111446)3/20/2012 8:38:58 PM
From: loantech  Read Replies (2) | Respond to of 149317
 
Okay now how does a lower class person afford the 80K public U to 250K at a private college?



To: John Vosilla who wrote (111446)3/20/2012 8:50:42 PM
From: tejek  Read Replies (1) | Respond to of 149317
 
Its much more likely you can go from the lower class to middle class in one lifetime so long as you get educated. I think that's true even now.

I think that has remained true for a long time going back to the post WWII era. Getting wealthy or financially independent for J6P takes much more usually owning a business and a bunch of RE. But my point was if you were in say the Bay Area, NYC, Boston during those golden times you could almost throw a dot as it was much, much easier since RE values are even now up perhaps 20-25 fold since the late 1950's and during much of that time economically the areas that these folks controlled were on a constant economic upswing

True..........that's how I moved up...........during the 90s even. The last ten years have been the worst of the most recent decades.