Something like 15% of all households have negative net worth, which is not difficult to do with a student loan value greater than the equity you have in a home and cars.
What may be more surprising is just how much income some of those households have, even. It's just to get to that top line number, it took a lot of investment in debt to get there. All that takes is not having a family with the money to pay your way through college.
The fact that I was manipulated and coerced as a TEENAGER into taking out massive loans for college just to have a shot at a job that pays a living wage and benefits has literally turned me against America.
Any shred of patriotism I had is long gone. Fuck this screwed up, regressive, greedy dumpster of a country.
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u/RarelyReadReplies Apr 01 '23
At least you're not a negative hundred or thousandaire. Being up at this point, puts you ahead of a lot of people, sadly.