epsolos's comments

Thanks!

Is it possible to bunch all of the newsletters into one email? I was interested to try out about 5 of the recommended newsletters, but I'm not exactly thrilled about 5 news emails per day/week. I have enough emails to sift through already, and my first thought was to cancel all of the subs :/

Most people that have worked as developers/programmers/etc. that don't have a lot of exposure to or training in fp find it painfully hard to learn. This could be one of those cases.

Are you saying that student debt being non-renounceable is bad if and only if we have a liquidity crisis? Because, that's the way your comment reads, to me at least. For the record, I am not endorsing this type of structure for all forms of debt. I am simply bringing to light a more positive view on the supposed "student loan crisis". If so, let's look at some numbers to paint a broader picture: the US mortgage market is 10x the size of the student loan market with average monthly payments in the $1000-1600 range, whereas the national average student loan payment is less than $500. If there were to be a liquidity crisis, the worst we would see out of the student loan market is a larger fraction of borrowers struggling to come up a few hundred dollars per month throughout the recessionary cycle. I just don't think this market is large enough to have the kind of effect your are describing in your comment. I think your comment makes sense for debt as a whole, but I don't think it scales well with the market it's targeted towards.

1. Economically speaking, this is actually a really good thing in terms of stability. We would be much more concerned if these borrowers could default. Instead, they have to work, which is good for our economy and good for this specific debt market's health as a whole.

Would you be willing to talk more about your experience? I too am very interested in this process, but have yet to find one that is successful for me. I would love to hear more about your process.