30 Alarming Posts About How The Student Debt System Affects People’s Lives And It’s Terrible
The student debt crisis has become one of the hot platform topics for candidates on the 2020 election circuit, but for the people it affects it is more than a campaign strategy. Tuition and fees at public and private schools rose at roughly three times the rate of inflation between 2007 and 2018, according to a College Board survey. Borrowers currently owe more than $1.5 trillion in student loans, an average of $34,000 per person.
The list below is a collection of tweets from people explaining how the U.S debt crisis evolved to this point or sharing their stories on how student debt has impacted their lives since graduating - and they may shock you or be sadly relatable.
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Yeah, it's insane. I graduated with a bachelo'rs degree in my home country in 2011 and was super pissed that I had to pay tuition for a couple of semesters (it's abolished now). I was about 2800 Euro in debt and paid it off in a little over two years with monthly payments of 100 Euro. And I'm still super angry I had to do that. Can't imagine how f*****g pissed I'd be if I were in debt for 20+ years just to get an education.
Load More Replies...What you NEED is to stop taking student loans. take time off, save $$$, and THEN go to school.
Load More Replies...Please don't forget about trade schools. I went to a 9 month trade program 2 weeks after graduating high school. By 19 I was working in my trade. College is not mandatory!
I so agree with this! Manually skilled jobs have had a "bad" reputation, but plumbers, electricians, carpenters etc...are making loads and are always in demand!! I am actually encouraging my kids NOT to go to uni, because they'll have a better chance at a good life.
Load More Replies...Yeah, it's insane. I graduated with a bachelo'rs degree in my home country in 2011 and was super pissed that I had to pay tuition for a couple of semesters (it's abolished now). I was about 2800 Euro in debt and paid it off in a little over two years with monthly payments of 100 Euro. And I'm still super angry I had to do that. Can't imagine how f*****g pissed I'd be if I were in debt for 20+ years just to get an education.
Load More Replies...What you NEED is to stop taking student loans. take time off, save $$$, and THEN go to school.
Load More Replies...Please don't forget about trade schools. I went to a 9 month trade program 2 weeks after graduating high school. By 19 I was working in my trade. College is not mandatory!
I so agree with this! Manually skilled jobs have had a "bad" reputation, but plumbers, electricians, carpenters etc...are making loads and are always in demand!! I am actually encouraging my kids NOT to go to uni, because they'll have a better chance at a good life.
Load More Replies...