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In my opinion there are 3 things worth getting in debt for: School, House, and Car. And Car is only if absolutely necessary. A fourth would be obscene medical expenses, but most people should be able to not worry about that because of insurance. Anything beyond that is stupid in my eyes.
At the moment I'm debt-free since I managed to earn a full tuition scholarship for my undergrad work. I'll be buying a car soon enough but shouldn't have to go into debt over it because I've got enough in savings. Grad School's going to hurt, however, no doubt about that. Most amazing jew boots |
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