It looks like the average indebted law student has about $100,000 in debt these days. And about 85% of students have debt.
This is average, of course. Back in 2000, my roomate ended up with $185,000 or so with all of his loans.
This actually wasn’t that much of a problem when the economy was going gangbusters back in the late 1990s and mid 2000s.
Now?
It’s a bit of a problem.
This Week Will Tell If The Bear is Really Coming Out of Hibernation
Last week’s selloff did less damage than it may have felt like. The drop stopped in the area of 3 crossing uptrend lines, ranging in length from short term to long term. Here’s what would tell us whether the uptrend is still in force, or signal that something evil this way comes. I have added 8 new stocks to the swing trade chart pick list, including 2 shorts.
I don’t think you can refiance to below 6% in interest these days.