Reply #78: I feel for them, but in the end they are going to be ok. We

[TBF]

went way overboard putting stuff on credit cards in grad school rather than cutting back. You forget your undergrad years after you've been working awhile. So we graduated with a bunch of debt and decided we'd cut up the cards and pay it all off. Now we have a Am Ex (you pay those monthly but it's handy for rental cars & stuff), and a couple of gas cards. You have to pay those monthly too or they have outrageous terms.

People are going to be better off getting off the debt merry-go-round. Better to just pay as you go and not have all that hanging over your head.