Being in Debt Does NOT Make You a Dumb*ss. Staying in Debt DOES!

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My ability to attain a relatively successful career meant that I probably wasn’t a flat out dumbass, regardless of what my wife might lead you to believe. My inability to manage personal finances, however, meant that I was undoubtedly ignorant in regards to the subject.

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I was the first male in my family to graduate from high school. Truth be told, I had a half-uncle who graduated high school about 6 years before me, but I’m choosing to ignore that to make for a better story.

Side Note: Yes I said my uncle graduated high school six years before me. My grandfather re-married very late in life and had a child with his new bride. Don’t ask, folks… it’s Smalltown, USA.

So like I said, I was the first male in my family to earn my high school diploma. My dad dropped out either his Sophomore or Junior year, and I’d be surprised if my grandpa made it much past the 8th grade. They were taught that school was for chumps, and the moment you had identified a career, schooling had served its purpose.

Yet both my father and his dad were incredibly bright. My dad still has an amazing knack for Marketing, even though I doubt he’d know that is what it’s actually called. He knows he’s good at “selling people stuff,” but could give two sh*ts about the terminology or psychology behind it. Both he and my grandfather started highly successful businesses, despite their lack of formal education, and both took chances that I to this day don’t have the courage to take.

So I didn’t have a lot to live up to in terms of expectations. If I had dropped out of high school early, I’m sure my parents would have been slightly disappointed, but it wouldn’t have been the end of the world.

While my older sister blazed through both high school and college earning a 4.0 degree at both along the way (along with things like Class Valedictorian, President’s lists, scholarships, and the like) I maintained a rock solid 2.5 GPA, mostly due to sports and… well… not really caring about school.

Again… I didn’t have much to live up to.

I did manage to graduate high school, and then attended one year at university, dropped out thanks to a job offer from my father, and later in life returned to get a degree and several certificates. In all, I’ve probably completed around 6-7 years of post-high school schooling of some kind, and now have a successful career in videogames.

Take that, weirdly-young half uncle!Read More »

The Vicious Cycle of Student Loan Debt

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“I don’t care what side of the fence you fall on in terms of whether or not student loans are good, not good, beyond evil, a godsend, etc. Speaking from my own personal experience they have been a burden for the majority of my adult life, and I have paid probably close to double the amount of the loans in interest alone.”

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My sister is 4 years older than I am, and when it was time for her to head off to college, my parents were in a great financial position. The result of that position is that they paid for my sister’s college, all of her books and needs, her food, and her housing four all four years while she attended a major university.

She looks back on it now as some of the best years of her life, and readily admits that part of the reason was because of how stress free and fun it was to not have to worry about the financial aspect of college at all.

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Tangent: My sister majored in Business Administration, where she got straight A’s and made the Dean’s List of her university. She then parlayed that education into a job on a dude ranch in Montana where she made close to minimum wage giving horseback tours for rich city people like in the movie “City Slickers.”

She eventually got a very good job and now makes a solid living, but for a 4-5 year stretch there, my parents weren’t too thrilled about spending that kind of money on college when they could have just paid $250 bucks for horseback riding lessons.

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Around my Junior year in high school I think my Mom began to realize that I wasn’t college-minded, and so she started to bribe me to attend. The bribes started small, but eventually she told me, “If you go to college, not only will we pay for everything, but upon graduation we will buy you a brand new pickup of your choosing.”

For a small town kid, your pickup was your world, and so this was the equivalent of telling an old, chain-smoking, Frank Sinatra-loving, widow in Vegas that the penny slots were now free until the end of time.

I reluctantly agreed.

As I’ve mentioned in other posts, my career plan was to be a radio Disc Jockey, and so my major was to be Broadcast Communications. The problem was that I hated school, and my heart just wasn’t in it at the time. I dropped out after only 1 year.Read More »