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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: cmg who wrote (14040)	4/17/2013 10:09:04 AM
From: robert b furman	2 Recommendations Read Replies (1) \| Respond to of 33421

Yes, Sadly,if you are a student and went to college just to put off entry level jobs - you are in big debt. The last time student debt obligations were rewritten ,bankruptcy was written out as an alternative. Mostly unknowingly (in my opinion) well meaning parents have pledged their home equity as collateral. These poor kids ,unless they were conservative and worked hard,have huge debt poor job prospects and will inherit very little wealth from their parents. I was feeling sorry for the next generation and one of my conservative friends in Wisconsin said that BS. Both of my kids will graduate from U of W and have less than 25,000 -30,000 in debt.You have to watch that and work in the summer and live with in your means. I suspect many have not been so conservative and a price is to be paid. Bob