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DEbt


Question Posted Sunday December 2 2007, 5:17 pm

my family is in debt about 40k. is this alot? im 14 and they dont think that there is any way to help. what can i do? we have never ever been like this, and because of it, its tearing apart the family

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Want to answer more questions in the Work & School category?
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Matt answered Monday December 3 2007, 12:46 am:
It's about a year of tuition at a very nice private college.

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Razhie answered Sunday December 2 2007, 9:53 pm:
40,000 can be quite a lot depending on your income and interest rates... not entirely unmanageable, but still quite a bit. Sadly there is not much you can do at this point but respectfully ask your parents to try and be rational about it and seek help.

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