imagine grinding through high school, taking education loan to go to a good uni in usa, getting a h1b through a lottery with 15% chance and having this bunch as your coworkers
thats right, in fact if the interest on your loan is tax deductible like mortgages then even at 5% youre coming out ahead because marginal tax rate 40% means the actual interest rate is 3%
Tldr: debtmaxx your way to financial freedom
Saying boomers had it tough because they had a higher interest rate makes no sense considering they were able to tap into the equity of their once cheap homes with the lowering of rates, where do you think that money went?