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One of the articles in our special section on Money Through the Ages profiles Courtney McNair, a 25-year-old who is living at home in Los Angeles and going further into student-loan debt while training to become a teacher.
For the article, by Tess Vigeland of the public radio program Marketplace Money, we paired Ms. McNair up with Lauren Lyons Cole, a financial planner just a few years her elder, for advice. Ms. Cole made reference to a maxim that I’ve heard once or twice before, the notion that your student loan debt should be no higher than whatever your starting salary will be.
Ms. McNair may be able to keep her student loan balances in check. We’ve written in the past about others who did not. How have the rest of you fared when your debt was higher than your starting salary?
View the original article here
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