Astounding how we convince ourselves (with help from institutional propaganda) that long-term debt equals long-term thinking.
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I think you’re underestimating the power of discounting. At the time debt seemed obviously worth it. Now I go back and forth day-to-day
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it seems to be more social proof in the US than anything.
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going through the motions of analyzing debt decision, but really doing it because your friends are doing it
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Well I wanted the life change I thought grad school would (and largely did) cause. And I minimized debt b/c of future discounting.

