Debt getof – What Does That Mean?

I was speaking to a friend the other day, and he told me the story of an older man that did not speak very good English. The man used the term debt getof several times in the conversation, but my friend wasn’t exactly sure what the man was referring too. It turns out after some effort of trying to decipher the older gentlemen’s meaning debt getof, - means get out of debt. Or at least that’s what he was trying to say. The man was referring to his son in collage that had run up an incredible amount of credit card debt.

The man’s son had received several credit card offers while going to school out of the area, and had begun to use them to make up for any shortages in his academic pursuits and lifestyle. Needless to say, the young man got in over his head and was now under great financial pressure to keep up with the monthly payments as well as his school tuition and expenses.

This is an all to common story for many young men and women who go off to college, and are away from home for the first time in their lives. It seems that credit card companies target collage students. Surely, they must know that these individuals have no readily available parental supervision, that their lack of experience in life makes them a bit compulsive, and that they don’t usually have a lot of extra money lying around, which makes them vulnerable to looking for other sources to finance their lack. Talk about a set up!

Getting back to the story above, of course the older gentleman was very angry with his son, but his main concern was "debt getof." He was not sure, how he was going to handle this problem. He felt stuck and overwhelmed. Mainly because he felt obligated to help his son pay off the debt. He was torn between having his son continue his education or leave school to get a job and pay off the debt. If you have collage age kids that are out on their own, you may want to keep this story in mind and do a little prying of your own; otherwise, you might be the one saying debt getof.