A friend recently sent me the following email: “… here’s a question to challenge your finance column. I’ll make it a little hypothetical. “Our son graduated from college and is working to save money for graduate school. In college, he accumulated over $20000 in student loans (avg. 7%) and desires to pay them down ASAP [...]
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You have read those cost projections for raising children. MSN, back in 2001 projected a cost of $249,180 (over $350,000 in 2010 dollars) for a family with a $65,800 or greater income. The Baby Center web site tells us the cost of raising a child from baby to adulthood is $266,698. The Wall Street Journal [...]
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