Save plan lowered my effective interest rate to around 2%. I’ll still have to pay a lot over the next 20 years, and if the tax bomb is not removed it will be another 100,000. However my cash flow is much improved and how much I pay total has decreased drastically.

Still fighting with my student loan servicer to set me up on the plan correctly, but that is a different can of worms. The servicers need to have their contracts nullified for how terrible they have been.

It’s not free borrowed money but I’m sure someone with poor financial literacy may see it that way (which is like the majority of young people). If you over drafted $30 it is a 10% fee, and that’s every time you run your card buying something. It’s a fee you will pay with your future potential wealth.

My parents removed overdraft from my account after my sister overdrafted her card all the time in HS. It should not be on by default and it should be legally mandated that you have to sign a waiver understanding that overdraft is a shitty fee designed to keep you from ever building wealth or savings.

What did Warren Buffett do?

I’ve been making six figures while getting my PhD. There are plenty of opportunities to get your PhD funded if you are a US citizen. There are plenty more valid places to poke fun at pursuing a PhD but it is very common to have funding and thus no debt.

Lol

This is nothing but a distraction from lecterngate. Sarah Huckabee Sanders used taxpayer funds to pay for a personal trip, then had the Republican party expense a $20k podium from a company that has never sold a podium before to try to hide the embezzlement.

I get your point but choosing Chinese phones as a trust example is hilarious. Every Chinese phone has a backdoor straight to China.

How exactly would you leave Australia by train?

It would almost certainly follow an approximate normal distribution just like the above graph. Why would it look different?

Average is the mean, not median or mode. This doesn’t change on context. Average is always mean.