Brace yourselves if you are in debt

As mentioned in a previous post, student loans and debt are huge weights around your neck which could needlessly be avoided, or at least reduced if you spent more time knowing the value of money and being more frugal. You can only spend the same dollar once. It is easier to spend than it is to earn. It is easier to borrow than it is to pay back. For those going to college, learn to budget and make do with what you have. If you want more, go out and earn more. Don't put it on your plastic friend and make the minimum payments. You should be aware of what could potentially happen to you by keeping up to date with potential policies.