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Category: money

03/17/12 12:48 - ID#56231

minimum wage in nys

The range of minimum wage from 1960-now is pretty crazy. It seems so hard to imagine it being $3 in the 90s.

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Category: money

07/19/05 06:33 - ID#32108

Maybe I should just [se|ki]ll myself

Student loans. So owing the money isn't the big part, it is paying the interest back too. Apparently, I owe $58,180.39 for grad school + $20,000 for undergrad.

With interest that the grad school amount comes to $68,075 and this is after (e:terry) consolidated it and with me paying $566.92 per month till 2016.

Another friend of mine who doesn't even have an undergraduate degree makes about 3-4 times as much as I do. But what makes me even more crazy is thinking about all the rich people whose parents could afford to pay for their schooling. How am I supposed to compete with them. They now have all of their salaries to invest in things like a business and mortage/investments while I am going to end up paying about $700/month in student loans.

There's definitely a class system at work here, as well: Rich kids whose parents paid for their Ivy League educations start off their adult lives debt-free; the rest of us desperately trying to avoid middle-class poverty are stuck treading water.
Quoted from: The Case for Student Loan Amnesty


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