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

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RoKhanna Report

Mewton’s Third Paw
Community Member
1 year ago

The problem in a nutshell.

Freya the Wanderer
Community Member
1 year ago

More indications of just how sick our society is. Everything costs more, but wages are flat.

moeless
Community Member
1 year ago

Choices to be made.

V.R. Craft
Community Member
1 year ago

Exactly! The ROI of a college degree has plummeted while the costs of attaining one have skyrocketed. Oh, but we Millennials are just broke because we're lazy, spend too much time on our phones, and don't want to work. The ridiculous cost of higher education has NOTHING to do with it AT ALL.

Kevin Burgess
Community Member
1 year ago

Pyramid scheme. I'm in the wrong business, but then again I have strong morals.

Susie
Community Member
1 year ago

Would love to see the percentage increase in median rent price as well.

Boston Johnny
Community Member
1 year ago

Well when the pay people like Elizebeth Warren 300K to teach one course what do you expect.

Mishte Tine
Community Member
1 year ago

I love Ro Khanna

Ronald Clay
Community Member
1 month ago

Blame the US Federal Government, who walked in and started to guarantee student loans, thus allowing the universities to increase the campus sizes, number of classes available, new subjects to study, and charge exorbitant fees and tuitions. Before the US Federal Government became involved, most students paid their own way through with little or no loans taken out. Yep, the same US Federal Government that backs your loans is the cause of you needing loans.

Danny Pross
Community Member
1 year ago

Same in the UK - look at the university fee increases rather than just expecting the rest of us tax payers to pay. It's rather worrying that so few students seem to be interested in this side of the issue ...

Jeff Ford
Community Member
1 year ago

And faculty salaries have barely risen in that time. I can't get the universities to explain where they spend that money!

Koalamonster
Community Member
1 year ago

Athletics and social organizations. They spend money on them to make money- but even more of that money ends up going back into those areas instead of academics. You know it's a problem when the highest paid position at some colleges is coaching football or basketball.

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OWLbystarlight
Community Member
1 year ago

This is why I never went to college. :( Didn't help that the recession was in full force around the time that I would have gone anyways.

Patrick Shore
Community Member
1 year ago

its seems to me, university wa set up for the elite at its inception and less well offs won scholarships. anyway..its a hotbed for a lot of snowflake radicals

Sharon Ingram
Community Member
1 year ago

The problem in a nutshell was the student loans themselves. Before student loans, people worked through college. And credit hours were less than $100. You a paid as you went. Then student loans happened and kids/parents could do college at no cost to themselves then. They could maintain their “lifestyle” and pay later! At only 3% interest when they graduated. Then and only then was it revealed that the 3% was compounded DAILY. Deceitful liars. Tuition went up because of student loans.

Marie Passer
Community Member
1 year ago

I agree. During the first 4 years of our daughters college years, we paid out of pocket each month to the Bursar - became our new best friend! When she decided to change schools to finish (transferring added on 2 semesters), it was all on her. She got a loan that she is still paying off 12 years later! Of course, I keep telling her to pay more than the minimum....

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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.

Grumble O'Pug
Community Member
1 year ago

William, your spray ignorance around like an unneutered tom cat. Smart boy, you think loans should be in the private sector. Laugh again. You show, distinctly, that you know nothing about the banking industry.

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#6

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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

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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

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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

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architects4pete Report

Grumble O'Pug
Community Member
1 year ago

very true

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#10

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BillDixonish Report

Eveline de Jongh
Community Member
1 year ago (edited)

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

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#11

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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

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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

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AbdulElSayed Report

jamesmcwhirty
Community Member
1 year ago (edited)

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

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#17

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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

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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

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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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