Student loans are a killer
Student loans are a killer
Name: David Seaman
Age: 33
Hometown: Lansford, Pa.
Occupation: Programming manager at a TV station

I have been working two or three jobs since college just to get by. My parents only had to have one job and they were raising a family too.

They grew up in a time when a college degree wasn't necessary. In today's society, that's not the case. With that education comes a pricetag. My student loan is about $30,000 and that's what's hurting me. I live in a rickety old house in a small town. I have a roommate to help out.

At 33, I never thought I'd be living the way I'm living due to college debt. The standard of living and the cost of living in the 1960s is different than it is today. The pay was lower, but everything was dirt cheap.

By Tami Luhby @CNNMoney - Last updated January 23 2012: 4:56 PM ET
Middle class dropouts

Nearly a third of Americans who grow up middle class face downward mobility in adulthood. And that's before the Great Recession hit.

Most Popular

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.