Okay, when you read the story headline about a student wiping out 90,000 in student loan debt in just about 7 months it seems inspiring. That is until you read that this was some Harvard boy that did things like sacrifice buying liquor in bars when his friends went out to booze it up by bringing in his own flask of alcohol.
Sure, he walked to work but he also cashed in investments and stopped contributing to his 401K. Again, I'm sorry if it is crass of me, but this isn't a heart warming story that I can relate to. I am willing to bet that you can't relate to it either. There are millions of us with student debt that can't even find jobs, much less have any investments to cash in or 401K's to pull from.
No, this is some feel good story to make the rest of us think things are possible so we keep up hope. They hope we don't think too hard about it or compare our situation. If I could simply stop my retirement savings for a while and be out of debt I would and so would most people. I don't know about you, I live day by day and juggle late payments and payment arrangements just to keep the lights on.
If you want to be frustrated, you can read the full story here.
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