More unpaid student loans than credit cardspic.twitter.com/I16dT8Qxm9
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Don't forget the impact flows over to the rest of the economypic.twitter.com/SJgACZBTXi
Look at how the debt is shifting from just young people to older folks that should be retiring. Courtesy @upfinacompic.twitter.com/Wl68te903U
In America, education is a liability and not an asset. It's a expensive lease rather than a coveted and guarded long-term investment. Hence, the bleak future and failed three decade Federal policies.
"Assets"
Haha the feds don’t have that power man. They don’t even own our money. Us federal reserve is actually owned by a small percentage of the worlds richest people.
But yes, I’m very concerned.
*Write... I'm an engineer
Woof. That’s a sobering pie chart.
They have to write most of it off. What can’t go on, won’t. Universities raising costs to students to bilk this money, predatory lending to 18 yr olds?
This isn't even accurate. Where do you get your info. Did you get this off r/piecharts
Could a president do this by executive order ?
It’s coming to a head. Will probably happen. Then what?? Colleges keep raising tuition? Keep cycle going?
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