Help Search Campus Map Directories Webmail Home Alumnae Academics Admission Athletics Student Life Offices & Services Library & Technology News & Events About the College Navigation Bar
MHC Home Mount Holyoke College
[ Followups | Post Followup | Economics in Popular Film Discussion | Help ]


Re: Society of debt

Posted by Megan on November 27, 2001 at 17:13:44:

In Reply to: Re: Society of debt posted by Alexandra Polly on November 25, 2001 at 23:11:52:

There is such a thing as good debt. If one has the cash to buy a car, but instead gets a loan and uses the money for investments or education this, in the banking world, is a good debt. But I don't think this is what Cindy was talking about.

I could be wrong about this one, but historically, Americans now are actually less in debt then the 1800's. Then was a time where everything was bought on credit and there weren't many "hard" assests except your house and possessions, most of which weren't completely paid for yet.




Post a Followup




Optional Link URL:
Title of Link:
Optional Image URL:


Home | Directories | Web Email | Calendar | Campus Map | Search | Help

About the College | Admission | Academics | Student Life | Athletics
Offices & Services | Giving | News & Events | Alumnae | Library & Technology

Copyright © 2004 Mount Holyoke College. This page created by a script and maintained by Webmaster. Last modified on December 17, 2004.