Visual Student Loan Debt
They call Social Security a Ponzi Scheme. Well, this is the real rip off right here. Did you know that student loan debt is one of the very few types of debt you cannot claim bankruptcy on? And who is disproportionally affected by crushing student loan debt? You got it: the poor.
So, to recap: many poor people get student loans. One cannot claim bankruptcy on a student loan. The economy crashed, now they can’t afford the payments. Bad credit results, and all of the associated problems that go along with it, keeping them poor.
MMMMHMMMMMMMMMMM
(via motherjones)
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The thing is, when my dad went to Northeastern he could virtually pay off all his debts simply by working during college...
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gdfather06 reblogged this from suchacutelittlemonster and added:
A nice graphic to show how fucked a lot of us are.
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sincerelysadie reblogged this from sincerelyemani and added:
why in the world does it have to be so expensive to get an education around here? why are we paying so much now to get...
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rianna-g reblogged this from allidubbs and added:
Oh, college. You were so worth it. I love having over $20,000 in student loan debt. Thank goodness for consolidation and...
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elviajedelaesperanza reblogged this from owsposters and added:
interesting visual representation.
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smsloans reblogged this from ossafama and added:
Scary looks when visualized. Obviously I am not the only one struggling with my debt from sms lån
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weian-fu reblogged this from kingjaffejoffer and added:
I’m sitting here right now tryna figure out how i’m gonna snake out of pay back a Perkins loan that only paid for...
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