We have a family that is spending $38,200 per year. The family’s income is $21,700 per year. The family adds $16,500 in credit card debt every year in order to pay its bills. After a long and difficult debate among family members, keeping in mind that it was not going to be possible to borrow $16,500 every year forever, the parents and children agreed that a $380/year premium cable subscription could be terminated. So now the family will have to borrow only $16,120 per year.
From Philip Greenspun's Weblog
Phones are turning students into zombies
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Here is a disturbing essay on today's college students by a tenured
professor at a regional public university that caters to very typical, very
average Ame...
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