Graduate college and declare bankruptcy!!
Question: this stuff couldn’t be any funnier.
By Martha Irvine, The Associated Press
Christian Miller can’t get a car loan and, at age 27, has returned to his parents’ New Jersey home, forced back by the double load of credit card debt and student loans.
Like other “20-somethings” across America, he’s found that graduating from college means having to face tens of thousands of dollars in debt. Some even drop out before they finish school, while a growing number are declaring bankruptcy.
“It stinks,” said Miller, who arrived on his parents’ Livingston, N.J., doorstep on New Year’s Eve two years ago.
Financial experts predict this year’s graduates will have an even tougher time. Never has a generation entered a recession-weakened job market so debt-ridden.
“I have a negative net worth of $14,000 — it’s great!” Jessica Lopez said sarcastically.
Answer: I’m not sure what the big deal is. My wife and I had close to 60K student loan debts between us after we graduated with master’s degrees, and we paid them off. Took ten years, sure. Of course, we both had jobs. I’ve done everything from clean lye out of paper mill kilns, to delivering pizzas for a living, to washing dishes, so I guess I would have survived somehow. when I was 17 I was out on my own washing dishes for a living, living in a shithole above an old drugstore that had cockroaches the size of mice. The mice were the size of rats, and the rats were bilingual. I got no money from my parents. I lived off student loans and shit jobs for years, as I went in and out of school, trying to get my head above water.
Now I have a PhD and a good job. I did it through student loans, lots of jobs, and a lot of hard work. I damn went crazy sometimes, it was so hard. It’s not superiority, it’s just the fact that I can’t feel a lot of sympathy for people who are whining about things that seem pretty minor to me. Let them get a job delivering pizzas to pay off their loans, like I did.
I would feel a lot differently if a lot of the same people whining weren’t the same people who were just a short time ago going after the welfare moms and wanting to do away with things like social security and such. Sure seems a different picture now that suddenly the money isn’t just dropping into their pockets like it was during the boom. What goes around comes around.
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