No. of Recommendations: 1
Wasn't that what Calidreaming did? Every time she and her husband got really low on money, and the credit cards were maxed out, she would go to school and take out the maximum in student loans, then continue to spend, spend, spend.

Yeah, apparently, most years, they were making $100k/year, but using the student loan money and credit card debt to live like they were making more.

It was one of those scenarios where you had to wonder how they thought it would work out.

Not so well, as it turned out - they divorced, she got evicted from the apartment that she insisted she couldn't break the lease on because it would be 'too expensive' (I guess she found a cheaper way to break the lease by not paying) and she declared BK, at least on her consumer debt ($70k+). Even though her student loan debt was included in the BK, she didn't expect it to be discharged. So she was still stuck with probably at least $160k in student loan debt, while making $10/hour as a CSR.

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