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Posted on 2/26/24 at 7:08 pm to kywildcatfanone
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Most people older than 40 paid their student loans. Also took classes that would lead to paying jobs.
They also paid reasonable tuitions.
As I posted before, in the late 90's UGA was 1/4th the cost it is today for tuition. Tuitions ballooned in the mid 2000's across the country. Paying 2500 a year for tuition in 1999 was a much easier debt to pay than 12,000 dollars a year for tuition today (using UGA in-state costs for the example). And UGA is an inexpensive example.
There's a reason you're right about 40's though. People in their 30's were on the wrong side of the explosion in the costs of education.
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