Competition: Find the craziest graph that shows how bad the student debt crisis really is
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Eventually this graph should be about level. But it's not.pic.twitter.com/yYM59wRvGk
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Note how debt and tuition go up in parallel. Not stopping yet.pic.twitter.com/aEuEoTnxP8
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If this were a revenue graph you could raise a VC round based on it. But it's student loan debt.pic.twitter.com/2mVf5E0J8D
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Here's a winner. Student loans as a percentage of federal assets. Hint: it's nearing FIFTY PERCENTpic.twitter.com/5Lu4ZqyGNf
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African Americans that went to college in 2003-2004 are experiencing a SEVENTY PERCENT default ratepic.twitter.com/05M9NP1yn0
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Don't forget: this is one of the only debts that has ever existed that you cannot bankrupt your way out of
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Question: Will the federal government just forgive all of the student loan debt? Answer: what do you think?pic.twitter.com/kA5UsdhLYZ
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Don't forget the impact flows over to the rest of the economypic.twitter.com/SJgACZBTXi
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Look at how the debt is shifting from just young people to older folks that should be retiring. Courtesy
@upfinacompic.twitter.com/Wl68te903U
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1-The immediate solutions are increasing wages across the board and strangling inflation with a barbed wire coil. 2-The feds absorbing the entire debt. 3- Companies paying younger workers, with heavy student debt, dramatically higher starting wages to assist with debt payments.
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The only problem is we just gave $1.5 trillion to these corporations so those students are going to have to pay for that $1.5 trillion by paying higher taxes because the corporations are because they got their taxes cut pretty much completely to the bone
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Under the axis action never a good sign
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