Years ago when my wife was getting her education she was presented with a choice to further her education and obtain her doctorate or settle for a masters .She knew it would mean many more years of school (12 years altogether) and well over 100,000$ more in student debt on top of what was already owed .

Student loan debt stands at $1.5 trillion, inducing an average millennial net worth of less than $0. 

Before anyone cries foul, consider that the investment property mortgages with the more favorable / liberal math are typically at 25% down, whereas owner occ are frequently 3% to 10% down.

To @Max Tanenbaum 's comment, I've looked into Black Bottom before but from what I understand, it is more of a historic neighborhood that's been converted into Student Housing areas in Ucity.

Hi my name is Spencer Doepel I am 19 and a Marketing Management student at Akron U where I currently live.

My big 66k federal student loan pile is at 5.75%, while my 10k student loan pile is half a 9.5% interest loan, and a 14.5% interest loan...both variable.

Because if you pull it, it is a hard hit and depending on their goals in life (college, need student loans, new baby on the way, anticipating needing a new car), then a hard hit impacts them for a long time. 

I don't know whether to laugh or cry at the pool mortgage...just the fact the guy got suckered, or the fact the mortgage was even given out in the first place...Up here it's nothing like that.

So I have this older house, bought as a student rental for my own son and his buddy/roommates, all of whom have lots of electronic devices (computers, laptops, xBoxes, projectors, phone chargers, etc etc).  

Those place are mostly grad students (at least the spots we are in) and are not too much of a bother.