20 Year Olds Dealing With Debt

Many young professionals in their twenties are dealing with debt from credit cards and unpaid student loans. Managing personal finances can be difficult when you must handle expenses like insurance, business clothes, transportation, car payments, and more while still trying to have savings to meet your long-term goals such as buying a house or planning for retirement.

For more personal finance tips, please visit http://www.usnews.com/articles/business/your-money/2008/04/16/investing-guide...

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[MacPr0xnxx0]

so whats the moral of this story get a college degree and hope for the best?

[jaysmic24]

i HATE credit cards!!!

[rosytaylor621]

I'm 20 and a college junior. This doesn't scare me, my God walks with me.

[HayateAzekura]

We haven't had real capitalism in a decades but look how much more socialist we are getting, yeah how is that working out for you.

[HayateAzekura]

This isn't capitalism, This is the fault of socialism. This idea that EVERYONE should go to college, is the big problem. 90% of people just shouldn't be in college. Since the government subsidizes education, this drives the prices for all. Since Universities will want to get money from all these students coming into college. If it was capitalism. prices would be lower because they would compete with each other and give you more bank for buck.

[MachineAmbition]

@inkey2 Maybe she had moved into a campus area apt. The cost of attendance for school and money received for with loans, scholarships, etc. can be more than a minimum wage job. But after you graduate, you don't get that "income" anymore because you can't keep borrowing if you are not a student. So on top of having less money at your disposal, even if it is real earned money vs. money to use from a loan, you have to start paying it back on top of making less.

[PATSDESIGNS]

This will work hand and hand with your business. call me.... cost $ 1.75

EMAIL CASHBACKINCOME AT G MAIL DOT COM

[inkey2]

@MondoBeno You do what you gotta do....if it's fine with your parents to live with them then do it. I had to live with my parents into my thirties because i decided that having health insurance was more important than living in my own appartment. I had a disability (not the type you could get social security for) that cost me a fortune in medical bills. This was back in a time where insurance companies did not cover as many illnesses as today

[inkey2]

who the hell moves out of their parents house knowing that they are only going to make 8 bucks an hour?

[ticks4ticks4]

@sfordgg That's how some people PAY their way through college!

[MrFaisel34]

University of Pennsylvania Students, are you listening? Myriad service jobs and an ocean of debt awaits you after graduation.

Please join the move to oust Dr. Amy Gutmann at the University of Pennsylvania from her position as president, because money is a terrible thing to waste.

One million dollars could fund a lot of programs in West Philly, especially for the poor black folk pushed to edge by the expansion of University City.