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Old 12-28-2012, 05:01 PM   #381
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Default Re: Discussion: The Economy, Fiscal Cliff, National Debt, And Other Financial Issues

Originally Posted by wiegeabo View Post
Split the difference and make it $500,000.

$250,000 sounds like a lot, but not if you're in one of the professions like medicine that carry a huge amount of educational debt.

Although, are we talking about $250,000 single or married/jointly?
I dunno. I think $1 million seems a bit fair because at $250,000, sure it's well off in certain areas like where I live. But in more urban areas like NYC and San Fransisco, $250,000 means that people are still going to have to make ends meet due to high living costs of those areas. And as you say, certain professions have a huge amount of educational debt.

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