Derek Sutton is right. I personally took out a $150,000 student loan because it would be great for my credit score. I look forward to putting it to good use and obtaining an assuredly quick approval on my Capital One Mastercard, with a very attractive interest rate of 21.99%.
I am glad we have intelligent, responsible, and forward thinking adults urging our children to obtain tens of thousands of dollars if not hundreds of thousands of dollars in debt for the benefit of their extremely valuable credit score, a number which cannot be raised in any substantially less financially risky ways that I can possibly imagine.
I also think 18 year old drunk drivers should be executed on the spot. So that’s two things we agree on.
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