Re:Nearly 5M Americans in Default on Student Loans
by metilda on Wednesday December 13, 2017 @11:44PM
(#15920001)
Welcome to having America's latest STD! Its bigger than Hepatitis (at 3 million), and costs about the same to cure ($80k to $90k a person).
Relationships are delayed, careers are set back and our economy is slowly bled. Much like healthcare!
Re:Nearly 5M Americans in Default on Student Loans
by djsumdog on Wednesday December 13, 2017 @11:52PM
(#15920027)
Don't even get started on health care. I worked in health insurance for three years and lived outside the US for about the same time. I saw a lot of waste in our health insurance industry and a foreign market that was superior in almost every way, even for very serious conditions. I wrote a post about it a while back:
http://fightthefuture.org/article/returning-to-america-and-t...
Re:Nearly 5M Americans in Default on Student Loans
by phil248 on Thursday December 14, 2017 @12:14AM
(#15920105)
The age curve in the United States is actually doing pretty good thanks to the massive amounts of immigrants we attract. Japan and Germany wish they had our population growth rates.
This is ruinous for these people. They'll be in their mid-30s or early 40s before they can pay off. Starting that late to build a nest egg, they'll never recover. There's going to be an entire generation that has no secure retirement plans. It will also be a baby bust. By the time they are stable enough to think about starting families, they'll be biologically incapable to produce. Nobody will be around to fight off invaders. We're seriously toast in 50 years at this rate.