Competition: Find the craziest graph that shows how bad the student debt crisis really is
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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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End of conversation
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Technically, this debt is revenue for friends of
@JoeBiden thanks to his bipartisan Bankruptcy bill.Thanks. Twitter will use this to make your timeline better. UndoUndo
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This is going to end badly.
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This illustrates why old people need to STFU with the "I paid for my own college! You kids are just spoiled, entitled whiners!"https://twitter.com/AustenAllred/status/981726593726009344 …
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I think this is the winner since it shows a number scaled per student. Most other graphs are relative, which is suggestive, but when starting at something near zero you can get crazy pct growths.
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@web this thread came to mind from earlier commentThanks. Twitter will use this to make your timeline better. UndoUndo
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@Supr3mat If an American were to move to study in Germany for college and maybe work 2 years after to pay off costs, his financial situation would be much better than had he studied in the US.
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For someone it is a revenue graph.
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It is a revenue graph.. it's just that students aren't the ones profiting.
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It would be interesting to also include data on avg interest rate and term length.
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