Student Debt Crisis: Social Security Confiscation, Some Consider Suicide

[patphil]

10. for decades kids have been told they have to get a college degree to get a decent job

And now they are finding out that it isn't necessarily so.
Many kids are seeing that their high cost college degree is just a boat anchor.
They have debt, but not enough income to pay off that debt.
Interest on that debt is the real boat anchor here.
And deferred interest just keeps on accumulating and becomes a crushing load that many are finding hard to pay off.
Too many young kids have been sold a bill of goods.
Many have seen jobs in the field they chose dry up before they ever got a change to enter the market.
The cost/benefit for their chosen careers is going negative and they are left holding a very expensive, and very empty bag.
All they have to look forward to is debt, and long term economic slavery
The bankruptcy laws favor the lenders.
It's a disaster for millions of Americans and there is no relief in sight.