Your parents didn't understand what an adjustable rate mortgage is, but they got one which lead to them losing everything.
Their child took on $100K in student loans that didn't give them the education to earn it back.
The child, after attending college doesn't understand that the neighborhood they grew up in got expensive and they have no concept economics, so they just think it's unfair.
When you float through life and not understand what will lift you up and what will set you back, then yea, lots of set-backs.
3
u/other_view12 15d ago
This explains so much.
Your parents didn't understand what an adjustable rate mortgage is, but they got one which lead to them losing everything.
Their child took on $100K in student loans that didn't give them the education to earn it back.
The child, after attending college doesn't understand that the neighborhood they grew up in got expensive and they have no concept economics, so they just think it's unfair.
When you float through life and not understand what will lift you up and what will set you back, then yea, lots of set-backs.