How You Livin’? Another Sad Chart On Millennials And Student Debt

How You Livin’? Another Sad Chart On Millennials And Student Debt

When last we checked in on America's enormous student debt bubble it was ... well ... it was still an enormous bubble. Specifically, the amount of outstanding student debt in America is now larger than the entire USD junk bond market: So you know, that's a shitshow and by that we mean all of those student loans are never - ever - going to be paid off. As in you can just forget about it. It's not going to happen. The question then, is not "how are current and former students ever going to pa
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3 thoughts on “How You Livin’? Another Sad Chart On Millennials And Student Debt

  1. My only regret is I didn’t borrow 20K from Freddie Mac back in 2009 and invest it in BC (at least a small junk, since it’s subsidized anyways). Instead all I received was a ubiquitous BBA from a ubiquitous state university during the period of time when tuition & fees were in the midst of its parabolic thrust.

    Alas, at least my avocado toast pairs well with my salty tears and a gas station cabernet.

  2. I do have one colleague who found a random old hard drive with about 25 bitcoins on it. She made the wise choice of cashing out, paying off her loan debt and buying a house. Rest of us, still holding the bag(s). At least I can claim after the crypto bubble bursts, but the student loans will still be stuck there growing at a nice 6% clip til I die

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