Student loans are a financial burden which does not quite make sense on a pure accounting basis. So, you have signed up for a loan (a liability, surrender of your future earnings) and you have nothing to show for it. On the other hand, when you take a loan on a house (a mortgage), you have a liability (a mortgage) and an asset (a house), so when things get tough, you can sell the asset to cover that liability. And in a worst case scenario, you simply file for bankruptcy and walk away from it - with a beaten up credit score, but you recover fully in about 7 years (in US, bankruptcy is removed within 7 years from the person's credit profile). Easy.
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Posts made by davidj405
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RE: Get Your Action Back On with Physics Assignment Help
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RE: Best Moniters
Guys which moniter is best for gaming. My son is pro gamer i want to gift moniter on his 15 birthday.
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RE: Gift
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