Are student loans bad?  What makes them bad?  Does the amount of student loan debt contribute to whether it’s bad or good? If it’s less than $10k, then it’s okay?  Or if it’s between $20 and $100k it’s debatable?  And anything over $100k is always bad?  Or does it depend on what you do with [...]

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So what is the next meltdown?  This article in MSN suggets it’s credit cards.  Definitely a possibility.  But I think there are two other bigger problems.  This is a neat rundown of debt 2006-2008.
First, the average debt of consumers is $16k when averaged over people who don’t have credit cards, pay in full, and carry [...]

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This is a guest post from FabulouslyBrokeIntheCity.  She writes a fun fashion and finance blog, as a single twenty-something in Canada.  I hope you enjoy her story.
How I racked up so much debt ($53,500) in student loans
There were a couple of contributing factors to my large amount of student debt upon graduation.
Parents reneged on promise
The [...]

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