Try this one simple trick that will make you say fuck college
That bubble can't last much longer. It'll pop soon enough
When it does what happens
>zero debt
Just paid the car off last week, feels good.
>tfw college is paid for by scholarships/grants
Academia goes in the toilet.
I can't fucking wait.
seriously, how is this gonna end famalams?
Why don't Amerilards just ask their parents to pay for their college fees?
This bubble will blow up and when it will it will be a hundreds time worse than the subprimes one.
Also checked
Oh god the meltdown when 100s of college professors start losing their jobs will be priceless
If i have zero debt i have nothing to worry about right?
The whole economy goes in the toilet. Check at the graph in pic related. Notice how after the 2008 crash levels of debt all dropped markedly, except for student loan debt which continued to increase dramatically? Lack of ability to borrow in other ways caused more students and young people to stay in or go back to school, using student loans to cover the costs. Student loans acted as a sort of default quantitative easing. So now that bubble is going to pop soon, and then what? Where does the next bailout come from?
If it doesn't come at all, we will see dramatically increased competition for low-skilled labor and a flooded labor market, along with lack of higher educated people to drive forward technology and investment. Hold onto your butts.
forgot graph
I'm gonna be laughing my fucking ass off at this
More or less this.
If you didn't qualify for a scholarship/grant that paid for your college tuition in its entirety you might as well just write off higher education and start working for minimum wage now. That's what you get for fucking off in school you retard.
Yes you do, but you can't do much about it. Everyone who lost his job after the subprime crisis didn't have a subprime mortgage.
There are a lot of well explained videos on youtube about how these financial crisis can evolve into economical ones.
What about the ones using the GI bill?
>paying for college
Full rides for life senpai
Was about to enroll but I'm going to learn a trade instead. Any suggestions?
>AND I'm white
Instrumentation Technicians make good money and they aren't going to be replaced with robots any time soon. Electricians usually get better pay than plumbers too so consider that.
Total global government debt: 217 trillion
That's nearly 30 grand in government debt shouldered by every man woman and child on the planet. And that's before you factor in personal debt.
>The whole economy goes in the toilet.
No, most of the loans are held by the government and the private companies that do hold some aren't levered 40:1 like mortgages were.
nice get. but you realize they're all going to turn into communist activists pushing for more gibs and more degeneracy right?
how i make mone on bubble?
Just print off a degree no one will ever check.
Most jobs today need a person with a degree to perform them like I need a second dick. It's all a fuckin scam.
We EACH owe $1.1 million in unfunded liabilities. You, me, yo mama, yo daddy. We are fucked either way. Might as well get the degree while your debt priced in dollars will eventually be hyper-inflated away. But having a college degree won't be that important when this happens, take a zombie killing class.
80K in college debt, (((they))) can collect it when Im dead.
>DUDE JUST TAKE OUT A HIGH INTEREST LOAN YOU CANT PAY BACK BRO LMAO
That's cute
>bolsheviks spread destructive propaganda through social sciences in schools
>meanwhile jews use schools as a platform to debt shark
this is hilarious. the jews are accidentally interrupting bolshevik subversion.
Think of it less like a pop and more like a slow release of air. People can't get school loans -> people lack training -> people can't get jobs -> people can't spend -> and the cycle continues.
Bolsheviks are converted Jews mainly from khazaria, theyre one and the same brother
I'm paying cash so I don't really care.
The higher education bubble is going to explode just like housing did. It is being subsidized by the government, so just like the healthcare industry, prices flew through the roof.
Nationalize or privatize. Fucking around in between just results in the worst of both of them.
Money will get deflated, so things will cost more, new debt will cost more. If I were totally debt free, I'd hang on to spare cash and buy stock after it bottoms out.
it will happen when (((they))) garnish your wages dumb ass
debt enslavement
I went to a trade school I could afford and ended with debt equal to my starting salary. Down to just principal after 3 years.
No, it will get inflated, even if the have to put an expiration date on the currency to pick up velocity.
I ain't ever paying a single penny into student loans until I find a job that my degree was related to. Can't get jewed if you're smarter than the jew.
maybe graduate highschool next time brainlets
>in college
>tuition completely paid for
>get book stipends
>get monthly living cost as well
Fuck casuals. There was so much emphasis of needing a college degree that this is the end result. The cherry on top for me is how much of that debt is owned by retards with liberal arts, womens study, or general study degrees aka useless shit.
Why would I care, I have rich family so I'm going to college debt free.
>Mit
Have fun inviting kids to show off clocks.
That I can buy more than an immediate economic crash.
It will get inflated by the actions used to prevent it crashing harder, printing more money. A crash on its own causes deflation. The price of school will have to drop if the debt bubble for it bursts and no other action is taken, making each education dollar worth more. There's zero chance the Fed won't print money to "fix" it though, which you're right, will cause further inflation.
Americans were conditioned by kikes to have the mentality that once you're 18 you're on your own.
you are proof the uni system is sham. aaron schwartz died for nothing. be an autodidact
>No time stamp
>No exif data
>Expects us to believe its taken today and is really him
wew lad
P.S.- Clean under your fucking fingernails if that really is you. Gross.
>theres nothing wrong with me being a NEET the stigma is a jewish psyop
Checked for fuck academia.
Never said that. What I meant is that kikes have completely destroyed the concept of family.
In the civilised world, it is common to live with your parents until you have a stable source of income, whether this means at 18 or 25 years old. While I despise NEETs, unless you really are a despicable person, your family will take care of you, and that's how it should be.
By convincing you to do otherwise, the jews pushed the normalisation of debt, and as young as 18, you already have a debt that will take you a decade to pay off; as of that were not enough, your family bonds are significantly weakened.
...
How does being pushed out of the house at 18 cause that person to all of a sudden have tons of debt. If you were going off to college it doesnt matter whether you stay at your parents or not. If you destroy your credit score in 5 seconds its your own fault not someone elses
>mfw graduated from a public university while living at home with scholarships/grants more than covering the costs
Why not just trade your degree to absolve your debt?
> .15
The Jews really do count every penny.
By "living with your parents" I meant "be supported by your parents", my bad.
Biggest problem seems to be the retards that have to go out of state or go to a Liberal college. Don't know how the latter would work with grants, but tuition most likely dwarfs what they receive.
Don't talk about mah mama, fagort.
>be an autodidact
I'm trying that, pretty hard, especially when trying to hustle on the side. But there are plenty of resources, for free even. Mango Languages is available for free at a lot of libraries, don't know how fluent you'll become, but it's originally $20/month.
A lot of sites like Lynda are out there, most of their tutorials are online to download. Some sites also come with certifications that will help with a job, though I've seen them for $200/month with 170 hours for the total course. I think Lynda has some certifications for certain paths, they're owned by LinkedIn which was bought by MicroSoft, so there are a lot of connections.
430$ left for student loan at 30$ a month, barely noticeable
#JewPrivilege
Do that and be a goy at the same time.