A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney
Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
When Anonymous Commenting Goes Real Wrong
By Christopher DanzigMost internet commenters are regular people who, under the Invisibility Cloak of cyberspace, feel free to say whatever disgusting/ridiculous/illogical thing that pops into their heads.
Lest anyone think the phenomenon is unique to our website, please think again. For better or worse, trolling is an inevitable part of online media. Most of the time, it’s best to just ignore it. Once a while, however, anonymous online commenting may signify something larger and more pernicious.
Case in point: our inbox was flooded over the weekend with the emerging scandal of a prosecommenter (yeah, you read that right) in New Orleans. This is what happens when a federal prosecutor takes his case to the interwebs instead of the court. Bad times…
Tags: Anonymity, Bad Ideas, Blog Wars, Blogging, blogs, Commenting, Defamation, Fred Heebe, Free Speech, Henry L. Mencken1951, James R. Fitzgerald, Jim Letten, Louisiana, New Orleans, Online anonymity, Prosecutors, Rank Stupidity, River Birch Landfill, Sal Perricone, Technology, U.S. Attorneys Offices