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Topic	What's wrong with having more than $100K in student loan debt?
tennisdude818 07/03/17 2:58:22 PM #49:	NES4EVER posted... tennisdude818 posted... megamanzero1000 posted... I still don't understand why people in America need to go in debt to go to college. What even is student loan debt? Nobody is in debt in Europe for going to college, you finish college with 0 debt and then you go find a job. This really seems a typical ridiculous American thing. Most European countries are drowning in national debt, and they aren't even funding a silly military empire like we are. The whole, "I live in Europe, and we force future generations to pay for stuff we use today" line won't work forever. Have you seen America's national debt? Yes. US debt is much worse than people even think because of unfunded liabilities. Someday 1st word western countries (and Japan) will learn the hard way that you can't just steal from future generations while your central bank suppresses interest rates forever. <cite>tennisdude818 posted [p:882266376] in What's wro... [t:75520184]...</cite> <quote><cite>NES4EVER posted...</cite> <quote><cite>tennisdude818 posted...</cite> <quote><cite>megamanzero1000 posted...</cite> <quote>I still don't understand why people in America need to go in debt to go to college. What even is student loan debt? Nobody is in debt in Europe for going to college, you finish college with 0 debt and then you go find a job. This really seems a typical ridiculous American thing.</quote> Most European countries are drowning in national debt, and they aren't even funding a silly military empire like we are. The whole, "I live in Europe, and we force future generations to pay for stuff we use today" line won't work forever.</quote> Have you seen America's national debt?</quote> Yes. US debt is much worse than people even think because of unfunded liabilities. Someday 1st word western countries (and Japan) will learn the hard way that you can't just steal from future generations while your central bank suppresses interest rates forever.</quote> ... Copied to Clipboard!
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