I believe it. Debt sounds like no big deal when you’re 17-19. But boy does it stink when you are out of school with limited free time and lack of resources to do the things you want to do in your limited free time or enjoy the lifestyle you’ve always dreamed of. Even if doing well financially, there is often resentment in paying a loan for 10 or more years when you’re not getting any present benefit (ie, the benefit was in the past).
2 Likes