Wednesday, September 7, 2011

Student Loans Could Be Next Financial Bubble | Fincance Articles ...

I am moving to Canada in a few months due to the student loans in the US, which I cannot pay and can no longer defer, as well as because of?a job market that provides no job with income sufficient to pay back those loans.? having completed my undgrad degree and law school, my loans now total over 200K.? With law school tuition roughly $43,000/year on average and living expenses(rent) being $10,000/year, law school easily accounts for most of my loan balance.? after having taken the bar and applied to over 10,000 jobs(yes, 10,000)?within the past year, I have only been able to find temporary work that pays $15-20/hr, which in no way covers my loan payments, which alone are over $1600/month.? Seriously, the MATH IS NOT THERE.? I work two jobs now and can?t make it here.? All of this nonsense about the American Dream and social mobility and the value of education is GARBAGE.?


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Student Loans Could Be Next Financial Bubble

Source: http://www.finance4noobs.com/student-loans-could-be-next-financial-bubble/

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