Student Loan Debt Crisis
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Uploaded by BCCBusinessClips on Oct 27, 2011
Total student debts pass credit card levels. $24,000 per student. 1Trillion
- 1 likes, 0 dislikes
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Bull! The average student loan debt is more like $50k to $60k.
Go to school, get a worthless piece of paper, $50k+ in debt, and be unemployed!
A system this broken, needs not be salvaged, but replaced.
mascarian 1 month ago
These large news conglomerates all skirt around the issues and are vague. They tend to show minorities; they generally don't show all-American students in trouble. They tend to censor the fact that some student loans require students to pay $800 a month; that loans triple with interest; that a student cannot wipe out their debt even if a student files bankruptcy; that some loans are for 20 or 30 years.
boballende 1 month ago
@bradleyt1 I finished with over $80k in loans a few months ago... still no job... fml
MoldytoasterMedia 2 months ago
@MoldytoasterMedia I wish mine was only $20,000 too! Turning this nations young out into the world with $60,000 in student loan debt is a crime against humanity.
bradleyt1 2 months ago
It would have been awesome to graduate with only $24,000 in loans.
MoldytoasterMedia 3 months ago 2
I have a great video on college debt and the recession. The first of it's kind.
salliemaeslave 3 months ago