Student-Loan Delinquency Skyrocketing, Reportedly Hitting 'Danger Zone'

[JoePhilly]

76. That is correct.

I was a lower middle class kid. Parents had no money.

I was accepted to a great private University, and borrowed lots to actually attend.

In high school, I was part of a group of about 14 guys from the same economic status. Of that group, only 4 graduated from college. Me included.

Those who did graduate found creative ways to pay for it. The others, some of which were accepted to colleges too, could not navigate the financial obstacles.

Those 4 who graduated now have far greater net worth totals than our high school peers.

If the others could have figured out how to navigate the finances, they'd probably be doing better financially today as well.

My son is going to college now. He is not scraping is way through. I'm paying for his education, just as my parents WISHED they could have paid for mine.

The GOP has always been for keeping college out of the reach of the children of limited means. Every new college graduate is a competitor for the rich kid.

I remind my son of this often. He's currently on the other side of the wall.