The student debt crisis has become one of the hot platform topics for candidates on the 2020 election circuit, but for the people it affects it is more than a campaign strategy. Tuition and fees at public and private schools rose at roughly three times the rate of inflation between 2007 and 2018, according to a College Board survey. Borrowers currently owe more than $1.5 trillion in student loans, an average of $34,000 per person.

The list below is a collection of tweets from people explaining how the U.S debt crisis evolved to this point or sharing their stories on how student debt has impacted their lives since graduating - and they may shock you or be sadly relatable.

#1

Student-Debt-Crisis-Posts

zechareyah Report

Kaisu
Community Member
1 year ago

Capitalism in a nutshell

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#2

Student-Debt-Crisis-Posts

pnwLeftist Report

tuzdayschild
Community Member
1 year ago (edited)

I totally understand. We started with nothing, but you are starting in a huge hole. Universities have priced themselves out. They are too expensive. We should offer more apprenticeship programs so you either pay nothing or get paid while learning your job.

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#3

Student-Debt-Crisis-Posts

workwthecoach Report

spirit wolf
Community Member
1 year ago

Exactly!!

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#4

Student-Debt-Crisis-Posts

MattLaneWrites Report

Vivek Mhatre
Community Member
1 year ago

Can someone explain the calculation here? We do take home loans in India, but the "amount owed to bank" keeps decreasing, not increasing.

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#5

Student-Debt-Crisis-Posts

RoKhanna Report

William Teach
Community Member
1 year ago

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Which is a very interesting concept, since universities are mostly run and staffed by people who vote Democrat and teach kids to vote and think Democrat. And Obamacare created a virtual takeover of the student loan system by the federal government.

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#6

Student-Debt-Crisis-Posts

Unknown Report

Grumble O'Pug
Community Member
1 year ago

This should be higher. It should incite a riot. Americans are too busy getting stoned and watching Game of Thrones.

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#7

Student-Debt-Crisis-Posts

IdalinBobe Report

Martha Meyer
Community Member
1 year ago

What kind of crazy interest rates are being charged on these loans?!

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#8

Student-Debt-Crisis-Posts

missmayn Report

Link
Community Member
1 year ago

Why are they mad at them for avocados? Is it because they're taking all the good ones?

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#9

Student-Debt-Crisis-Posts

architects4pete Report

Grumble O'Pug
Community Member
1 year ago

very true

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#10

Student-Debt-Crisis-Posts

BillDixonish Report

Kaisu
Community Member
1 year ago

That's really fucked up, a 17-yo isn't mature enough to take such a huge loan and to understand the ramifications a loan like that has on your life. In my county you could never get that much student loan

Rinpai
Community Member
1 year ago

I am pretty certain the implication was that in those three months they had turned 18 and likely graduated. Happens when your birthday is around july or august.

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Sainsbur Jarvis
Community Member
1 year ago

One good thing. You haven't got a Limp Bizkit tattoo.

Care
Community Member
1 year ago

I'd much rather have a tattoo than all that freaking debt!

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Vilkas
Community Member
1 year ago

They did you a favour on that Limp Bizkit tat though.

Mewton’s Third Paw
Community Member
1 year ago

For real.

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Valerie Anne
Community Member
1 year ago

I completely agree with the absurdity of the situation, but you really should thank that tattoo shop for not letting you get that Limp Bizkit tattoo

Kurt Mitchell
Community Member
1 year ago

You'd have to be pretty stupid to go to art school.......

Craig Lee
Community Member
1 year ago

And for $119k no less. This is half the problem, people going to school to get useless degrees. You could easily pick up a trade and make far more money in a field with far less competition.

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Ufuk Toraman
Community Member
1 year ago

At least he doesn't have a limp bizkit tattoo

Max L.
Community Member
1 year ago

and without approval

Eveline de Jongh
Community Member
1 year ago (edited)

The important question: are you happy they didn't let you get the tattoo?

knittin' kitten
Community Member
1 year ago

I was just listening to them yesterday and feeling really old.

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Boston Johnny
Community Member
1 year ago

Ya and the reason you could get the tattoo was because you clearly where to immature, hence a degree in art. You need to get a degree in something you can make money at.

Benji Rayphand
Community Member
1 year ago

I bet you're glad you didn't get that Lame Bizkit tat though.

Raun Ferriot
Community Member
1 year ago

That was by far the dumbest major you could have choose

Thomas Wiese
Community Member
1 year ago

You would have been a lot better off with the Limp Bizkit tattoo than the art degree. It would have made you more employable.

Billy Beecham
Community Member
1 year ago

Maybe you should demand they repo the education instead of demanding paper. Too bad you couldn't put that art degree to use and just make your own currency, huh?

Cindy Snow
Community Member
1 year ago

But th I they were right about the tattoo...

Mike Parr
Community Member
1 year ago

The problem is with the colleges! They have added layers of administration, not education. It far surpasses increases in medical costs!

Ultrawoman
Community Member
1 year ago

And the parents didn't blink over that.

Terry T.
Community Member
1 year ago

Sounds like you dodged a bullet there....

Eric Goodhart
Community Member
1 year ago

I have been advocating for years that we should be teaching financial literacy starting in the 7th grade through high school. Here are two former college graduates that have learned how many works and it is being able to live below your means until you can live debt free! https://smartcollegeplanning.org/the-age-old-question/students-set-for-life-with-no-student-loans/

Shannon Nicole
Community Member
1 year ago

Yup but they can pick up an assault rifle and go to war. 🤷‍♀️

Jackie Schneider
Community Member
1 year ago

And for Art school! Why would they give you a loan for Art School? NOt trying to be mean, it's just that well, how are you going to make any real money?

Raun Ferriot
Community Member
1 year ago

Art school was probably the worst major you could have chosen. Especially a major that wasn’t going to get you rich either

Pam Sturgeon
Community Member
1 year ago

Further proof that you didn't have any idea of how to handle money. You are more interested in getting a tatoo than in getting your education. You expected mommy and daddy to pay, but when they told you they couldn't afford it, you had to borrow. That is the way a grown up's life works.

V.R. Craft
Community Member
1 year ago

It shouldn't cost $119,000 to go to art school or any college.

Danny Pross
Community Member
1 year ago

.. which is great because what our society needs is more infantile, tearful tantrum throwing tattooed "artists".

Sonya Jersey
Community Member
1 year ago

omg...in romania you pay almost 1500 $ per year to go to art school, but if you're one of the best, you go for free

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#11

Student-Debt-Crisis-Posts

timmWongg Report

Mewton’s Third Paw
Community Member
1 year ago

What is the ad for?

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#12

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RosatiBiscotti Report

Rue Granger
Community Member
1 year ago

Can’t even start to believe the blame is being put on the victims...

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#13

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BernieSanders Report

Peg Walton
Community Member
1 year ago

Must be nice to be one of the lucky ones. I went to college after raising my children and still ended up with $40,000+ in loans. Now my salary isn't enough to live and pay loans. Their "programs" do not help. Wish I had never gone to college. My Masters is worthless.

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#14

Student-Debt-Crisis-Posts

sarra1833 Report

Panda Kicki
Community Member
1 year ago

As a swede with mostly free schools and low cost state loans to cover other expenses it is so horrifying to read all these tragedies :'(

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#15

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KendraJames_ Report

Pamela24
Community Member
1 year ago

You should stop spoiling yourself and demanding luxuries. If you don't have the money to eat, just don't. It's as simple as that. *sarcasm - just to make sure*

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#16

Student-Debt-Crisis-Posts

AbdulElSayed Report

jamesmcwhirty
Community Member
1 year ago (edited)

but at least you have guns. I can see why.

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#17

Student-Debt-Crisis-Posts

astradisastra Report

ƒιѕн
Community Member
1 year ago

Oh yeah, good old Navient.

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#18

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KingBeysQueen Report

Pamela24
Community Member
1 year ago

I just can't understand why AT LEAST the loans couldn't be without interest. I believe that is how the UK has it (correct me if I'm wrong, please).

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#19

Student-Debt-Crisis-Posts

DebtCrisisOrg Report

Ahmad Pujianto
Community Member
1 year ago

Just wow.. I only pay 25 USD each month during 4 year of college.. Then (because I work while studying) another 50 USD each year for 2 year of extention.. Totally I spend around 20 Million IDR (around 1.500 USD) till graduate.. #asian

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#20

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oneangrytooth Report

Candice Lewis
Community Member
1 year ago

With interest it could become that much and the sucky thing is our children will probably be responsible for some of it

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#21

Student-Debt-Crisis-Posts

Shaleemae Report

Chloe Thompson - Lewis
Community Member
1 year ago

120k is like solitary confinement

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#22

30 Alarming Posts About How The Student Debt System Affects People's Lives And It's Terrible

LethalArcher Report

Russell Pisciotta
Community Member
1 year ago

The difference is reimbursement of inventory, must be well known around there or they'd have offered an explanation. The printer counts the paper usage, so if you take paper out before it's been 'printed' they lose track of how much paper is needed.

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#23

Student-Debt-Crisis-Posts

kph3k Report

Jenny Lee
Community Member
1 year ago

That is a rare accomplishment.

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#24

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stevebram Report

Monica Michelle
Community Member
1 year ago

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There are 2 types of people who are wronged those that say never again to noone else and those who stop progress because it does not help them personally

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#25

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SeeMiaRoll Report

Belinda Matson
Community Member
1 year ago

OMFG I'm surprised boomers aren't being slaughtered en masse in the USA. Pro Tip: Start with the politicians...

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#26

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catnipslip420 Report

Gary
Community Member
1 year ago

This persons life has been destroyed before they've even started, add to this no free healthcare or ineffective health insurance financially and physically crippling people. How can people say this is the best country in the World?

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#27

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SFWP Report

Mewton’s Third Paw
Community Member
1 year ago

In another country maybe.

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#28

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Champion76 Report

ACE
Community Member
1 year ago

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Dude, you got off easy. When I went to school, there was no income based repayment plan. Don’t qualify now for loan forgiveness, bc I earn too much.

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#29

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TheStarDamien Report

guy greej
Community Member
1 year ago

From malawi a third world country. Paid of my university degree debt in 1 month after getting a job.

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#30

Student-Debt-Crisis-Posts

odesit85 Report

Panda Kicki
Community Member
1 year ago

Yes, anyone had a rich mother fixing good jobs, free condo and grandparents who gives you free lodgings. How silly of me not to think about that! Please tell me this is from the Onion...

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