Quote:
Originally Posted by Velvet
Retired, your comment is very reasonable. I was trying to look at the bigger picture. For the students at age 18 or so to make those financial calculations, they need guidance either from parents or counselors. In their young, ideal state of mind, I’m not sure how many actually think it through.
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I agree that students should seek advice from parents and counselors. But, in our current legal system, when you become 18, you have the authority to enter into legal and binding financial contracts, and other contracts. Maybe, you are suggesting that we should raise the age to do that?