The Human Face of Student Debt

[sanantone]

I did really like the lady who has an overwhelming amount of debt, and now she's going to have to borrow to pay for her 17-year old to go to college. Apparently she didn't learn her lesson.

The ones that owe $26k or $30k can certainly pay those back in less than 10 or 20 years. I've bought cars for almost that much and paid them off in less than 4 years, so those are doable. Not fun, it might mean that they had to drive a crappy car for a few years instead of get a new one like some of their friends, but that's a small price to pay to get that monkey off your back.

This is all just sad.

This is true. $25k-30k in debt is not all that crippling when you consider that people spend about that much on new cars. At least the degree will be a smarter investment than a new car. If all else fails, then work for the government or a non-profit organization to have your loans forgiven after 10 years of being on the income-based repayment plan.