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by 4death4 789 days ago
But after residency, you’re looking at a salary of 200K. You’d be able to pay down your debt in a few years of frugal living.

Debt itself isn’t bad if it’s taken on as an investment.

2 comments

There's consequences to frugal living, particularly in the form of people moving past the ideal window for starting a family.
It's almost as if life is a series of trade-offs.
Trade-offs that the generations before didn't have to make.

You have to make allowances for things like starting a family. Otherwise we're not going to have enough people to create the expected economic value in 20 years. That will come with economic and political consequences that no one likes, and of course, the people who earned a retirement off of such short-sighted policy will be either dead or too frail to face the consequences.

I don’t see any evidence that we’re in danger of running out of people. The world passed 8B and climbing. The US is around 342M and grew almost 25M in the last decade.

If the cost of college or students loans is reducing the population, it’s hard to be too afraid of it.

And I'm sure that we'll be able to let those people immigrate with absolutely no friction. None whatsoever.
Yeah, they say programmers get paid that too, but not where I live