Cartoon, Video (Hilarious): Hey recent college graduate, congratulations?

Michael Haltman | May 11, 2013 


Despite the fluff being floated by the Obama administration about an improving job market, the unemployment rate for recent college grads is reported at 8.8%!

What that number doesn't tell you, however, is that for graduates who are actually employed, it is often at compensation levels that cannot possibly allow them the opportunity to both live and repay their student loan debt.

For instance, how about the graduate who has $100,000 in student loan debt that's accruing at upper single-digit interest rates working as a bank teller making little more than the minimum wage.

What comes first, food and shelter or debt repayment?

I think we know the answer to that.

Student Loan Bubble!

Source


The Daily Show with Jon Stewart
Get More: Daily Show Full Episodes,Indecision Political Humor,The Daily Show on Facebook


***Subscribe to TPC below and share this article with your friends on Twitter, Facebook and Google +1!***

Subscribe to The Political Commentator by Email
 Subscribe in a reader


Contributor's website: http://politicsandfinance.blogspot.com/



Content posted by users from other sites is posted for commentary and news purposes under fair use and each author is responsible for their own postings and a particular posting should not be construed as being endorsed by this site or its owner.
Please Note: The comments section is for both the registered users of this web site as well as non-registered users. All wishing to post comments must comply with our Commenting Rules or risk having their comments stricken. Comments do not necessarily reflect the views of the ownership of this site and should not be taken as such just because they are visible and posted here.

Leave a Reply





  • American Conservative Daily is owned and operated by J.J. Jackson, President of Land of the Free Studios, Inc.