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URL:  http://boards.fool.com/quotwhat-do-you-mean-by-quotcant-23845624.aspx

Subject:  Re: Feb CPI-U up slightly Date:  3/16/2006  10:26 PM
Author:  Lokicious Number:  15804 of 36310

"What do you mean by "can't afford"? Just finance it, or lease it, or take a home equity loan, or ...."

Mark,

It's an old joke that students drive better cars than faculty. I goes back to when faculty were really badly paid (lower middle class for most full professors, now middle middle class or a bit higher) and there were just a few students with cars, almost all from wealthy families.

Now, most students work 20 hours or more a week and have heavy student loan debt. But very few upper-classmen (and women) don't own their own "car," and about half the underclassmen (and women) have a car on campus (with nowhere to park it if they live in the dorms). And, by observation, not a jalopy among them.

I used to think spending more than you have just for show or to have a good time was a bad idea, but what's another few trillion of debt.

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