<p>Interesting…I would have thought she’d say credit card debt…</p>
<p>“Orman said student loans should always be paid first and should be a top priority -because they can never be discharged and they are always hanging over your head, the payments can balloon, your wages or even social security can be garnished,etc.”</p>
<p>Yeah, you’d think she’d say credit card debt. Apparently her point of view is that you don’t have to consider yourself responsible for any of it? You can just ditch all debt if you want to, except for the student loans. It’s just not a way I would ever consider looking at things, unless I had serious financial problems to start with. And if you consider that you don’t have to be held accountable for your own debts, you might not be living in a responsible way anyways. Sad.</p>
<p>To be fair to Orman, she certainly never implied that a person should not be responsible for or pay off other debts.</p>
<p>The stock answer is always, “It depends. It depends.”
:p</p>
<p>Watching HP7 the second time. You’ll all gotta to wait for the ironies…</p>
<p>bump.
It’s in the news, Student Loans
More to come.
We all need a history lesson.</p>
<p>Interesting article this morning on middle-aged workers now going back to school. My guess is that the middle-aged workers are probably a lot more focused on price and may be going to the cheaper for-profits or state schools. At least I hope so.</p>
<p>[Middle-Aged</a> Workers Flock Back to School … and Student Loans - DailyFinance](<a href=“Stock Portfolio & Tracker - Yahoo Finance”>Stock Portfolio & Tracker - Yahoo Finance)</p>
<p>These fresh-faced grads are being joined by an ever-growing cadre of returning students. According to credit score tracking site CreditKarma, the number of 35- to 49-year-olds who are borrowing money for college increased by 47% in the last three years. The amount they’re borrowing is also going up: During the same period, the average loan debt of people in this group went up from $9,000 to $12,000.</p>