Just claim bankruptcy,if Donald Trump can do it 3 times.......so can a kid with a debt of over 100K that just put in 4 years of college!!!!!!!College Students Sign Petition To Ban Pressure Cookers
In the meantime they can smoke some weed do some drugs have orgys and get drunk every night when attending college..
The future is in their hands
Gawd help us all!
Thank God college kids have microwaves they would have no idea how a pressure cooker is used to prepare a meal..........
Never pay off your loans uncle sam will get you thru college!!
Damn those 47% moochers!
How much do Americans borrow/have borrowed for college?
•There is roughly somewhere between $902 billion and $1 trillion in total outstanding student loan debt in the United States today. The Federal Reserve Bank of New York reports $902B while the Consumer Finance Protection Bureau reports $1T.
•Roughly $864 billion is outstanding federal student loan debt while the remaining $150 billion is in private student loans(Source: Consumer Finance Protection Bureau). Private student loans are not made or backed by the federal government.
•As of Quarter 1 in 2012, the average student loan balance for all age groups is $24,301. About one-quarter of borrowers owe more than $28,000; 10% of borrowers owe more than $54,000; 3% owe more than $100,000; and less than 1%, or 167,000 people, owe more than $200,000.(Source: FRBNY)
•Among all bachelor's degree recipients, median debt was about $7,960 at public four-year institutions,$17,040 at private not-for-profit four-year institutions, and $31,190 at for-profit institutions.(Source: College Board)
•As of October 2012, the average amount of student loan debt for the Class of 2011 was $26,600, a 5 percent increase from approximately $25,350 in 2010.(Source: The Project on Student Debt)
Damn that Obama handing out free cell phones and food!
He's breaking the bank!
Damn those 47% moochers!!!!!!
It's breaking the bank!