38 Comments

  1. 3:55 So I recently just graduated and got my first job out of college where i'm make 45k salary. Which is pretty good from some one fresh out of college. I didnt go to a overly expensive school, but I did transfer and had to take an extra year and a half because of it. I have to pay 1500k a month in student loans and also pay federal loans (in the process of figuring out that number as that is based on income). While completely ignoring the federal loan portion, I would need to make 52K a year (before taxes) to be able to live on my own and pay my student loans. But I would just barely make it at that with out any money left for say car loans, phone bill, insurance, or just to save in general. I would be living pay check to pay check at a 52k salary. Since its just not possible to pay all my loans, I'm paying what I can and defaulting till i am able make the full monthly payments. The older generations wonder why young people arent having kids, marrying later, not getting houses, ect. its because of this.

  2. If you are paying 65k a year for college, you are not paying for an education, you are paying for the college's name. I have no pity for you making a crappy choice instead of going to the community college which is probably covered entirely by grants. Don't make me subsidize your inability to compare prices.

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