Student debt– if you living in America, you are likely getting suffocated under its weight. If you not from America, you are just confused about how this system works. The Student debt system represents a broken education system in the USA.
It is a hotly debated issue that is coming up during this 2020 elections, but let’s leave the politician’s hassle to the politicians. The real victims are the students and surveys show it too. One study shows that 2019 may end up being the most exceedingly awful year for student loans with the borrowers owing over 1.5 trillion dollars in student loans.
Take a look at what the real people, who have impacted by this debt trap, say about it.
Wall Street: HELP HELP WE'RE GOING TO DIE WE NEED MONEY
Government: Ok, here's 700 billion
Students with loans: HELP HELP WE'RE GOING TO DIE WE NEED MONEY
Government: *laughs in capitalism*
— 30 to 50 Feral Scholars (@zechareyah) June 13, 2019
It seems that Boomers who boast about “starting with nothing” don’t understand that starting adulthood with nearly $40k in student loan debt isn’t the same as starting with nothing. #latestagecapitalism
— Disenfranchised Millennial 🌹 (@pnwLeftist) June 10, 2019
At the age 18 they will let you commit to $200,000 in student loans but won’t give you a $20,000 Business loan…. Think about that!
— Nathan Allen Pirtle (@workwthecoach) June 6, 2019
I graduated from law school 6 years ago with $250,000 of student loan debt. But after years of hard work and tens of thousands of dollars of payments, I can officially say that I now owe $315,000.
— Matt Lane (@MattLaneWrites) September 18, 2018
Since 1987 when adjusting for inflation, the % increase in:
➡️ Tuition costs at public universities : 183%
➡️ Tuition costs at private universities: 142%
➡️ Minimum wage: 20%
➡️ Early career salaries: 3%
This is student debt crisis in a nutshell.
— Ro Khanna (@RoKhanna) June 2, 2019
I graduated undergrad with $38,200 in loans.
To date I've paid $20,763.
My balance is: $37,615.
Dear Media: Tell me again how I can't afford a house because of an avocado toast trend instead of saying how #StudentLoans are a fucking trap that keeps ppl in debt.
— Idalin Bobé – 👩🏽💻✊🏽🇵🇷🇨🇺 (@IdalinBobe) April 22, 2018
I graduated with a masters of Architecture in 2011 with $65k in student debt. I have paid $48k, but still have $50k of debt left.
This country needs Architects, doctors, lawyers and engineers, but we are punished for success. Our education system is broke. #StudentDebtCrisis
— Architects for Pete (@architects4pete) April 25, 2019
When I was 17 I went to get a Limp Bizkit tattoo and when they wouldn’t let me because I didn’t have a guardian’s approval, I cried and punched a lamp post. 3 months later I was allowed to take on $119,000 in loans to go to art school.
— Bill Dixon (@BillDixonish) July 8, 2018
Want to know just how big our #studentdebtcrisis is?
US college grads have $1.56 TRILLION in student debt. The GDP of Australia is $1.4 trillion.
It’s F’ing massive. Our young people deserve better from us — they deserve free college.
— Abdul El-Sayed (@AbdulElSayed) May 11, 2019
If my #studentloans were cancelled I could:
I don't regret going to college, but I don't think I made an informed decision. How could a poor, first gen college student do that at 18 years old?
$50,000 is a prison.
— Shaylamee (@Shaleemae) April 22, 2019