Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

“In modern times, we are quick to "throw the rascals out," but it never occurs to us that rascality is imbedded in the office or that the power invested in it might make a rascal of an honest man.”     Frank Chodorov,    What Samuel Said about Solomon

January 19, 2009

Quote Of The Day

by Brad Warbiany

TJIC, riffing on the Boston Globe, as the Globe writes an alarmist tale of the “crisis” of young Americans:

The average college graduate has nearly $20,000 in debt.

Oh noz! The average salary for college graduate jobs is $46,000. So, that’s almost five whole months of income to pay off the debt!

My thought? $20K in debt with a $46K income makes them a lot better off than our federal government!

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2 Comments

  1. $20,000? I wish my student loan debt were that low!

    Comment by Stephen Littau — January 19, 2009 @ 12:04 pm
  2. We can add another $30,000 and growing for their share of the national debt, which they’ll eventually pay in taxes, or decreased dollar buying power.

    Comment by Akston — January 19, 2009 @ 5:42 pm

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