Competition: Find the craziest graph that shows how bad the student debt crisis really is
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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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Is it true Americans can't ever go bankrupt on student loans ?
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yes. On most kinds, at least.
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OMG. So they're chased after even if they end up in poverty unlike billionaire presidents who walked away multiple times from their obligations?
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Sometimes you can get out of it after 20-30 years of garnished wages, but yeah pretty much
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Thank you for your info.
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