America is currently embroiled in a student loan bubble and when it pops, wooo buddy. Makes whistling sound, gazes off into distance... let's just say that I hope you can use some lacquer and a long stick to turn your college diploma into some sort of edged weapon to fight off the starving graduate student food mobs. Let's just leave it at that. Let's not get explicit, except to say that banks will literally take your mother's home if you try to not pay them back, so, you know, the weapon thing is maybe the way to go.
HIGHER EDUCATION BUBBLE UPDATE: Fixing Student Loans: Let’s Give Colleges Some ‘Skin in the Game’. I’ve made a similar proposal myself. Read Post
To briefly recap: America is currently in a student loan bubble, holding an unimaginably huge amount of student debt, as delinquency of loan payments swells, and even the well-off question whether they can afford college. It would s... Read Post