I was put in an extremely fortunate position because of my parents in more ways than one. But for here- I'm talking about how they paid for my college education. They are pretty frugal, instead of spending money on new cars, food, etc, they decided to pay for their kids education. Enough backstory though, what I wanted to talk about is the polarization I've seen in fellow no-student-debt-as-millennial's.
I haven't seen many on the line, leading a normal materialistic-consumer-while-trying-to-save(kinda)-lifestyle. There's those of us who picked up frugal habits from parents, hid our Fortunate Position throughout college from most to avoid our own guilt and our friend's chastisement, and those who better fit the stereotype of daddy-pays-for-everything kids, whose parents are either heavily indebted from paying or Very Wealthy and money isn't something to worry about if it's under $100,000.
Of course, all the ones who picked up frugal habits also worked a job or two at a time while also applying for scholarships (which really is an odd form of a job. "Free money" usually takes 10+ hrs of work for varying payout sizes) and taking high-paying summer internships. In the newly-graduated working world, these people now have a leg-up and are saving massive amounts of money and living a generally Mustacian Lifestyle.
The people I know who are burdened with debt, however, vary widely on the spectrum of "pay this off asap and keep saving" to "I'll never be able to pay this off so why bother trying."
Have any of you noticed this pattern as a mid to late 20's professional, or is it just my circle of friends?
