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As someone who was saddled with around $150k in college loans in a major I couldn't use (flying; that career was aborted in September of 2001), yeah... Bad deal sums it up nicely.

Took me into my 40's to buy a house, and for my area I got a steal at under $200k. At which point my dad (born '38) chewed me out for not saving money and building it myself like he did for only $10k (~$100 in today's dollars for 5 acres of land and 3,000 sqft).



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