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by bwang29 2675 days ago
It’s not just about the money, there is also the intangible experience when it comes to information and family education. I’d argue that will put an even a stronger influence on a kid’s mindset so if a parent is giving a 15k loan to a child it doesn’t mean the kid isn’t helped significantly to bootstrap her otherwise. On the contrary, it feels even more like a status symbol of demonstration from the parents to illustrate to society how confident they were about the kids paying the loan back.