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ButterflyEffect  ·  3192 days ago  ·  link  ·    ·  parent  ·  post: Somethings rotten in the economy FED holds emergency meetings

    Frankly, I think we're all fucked in weeks not months based on the frequency of oh-shit mumblings. Which means you'll be in college when the shit hits the fan.

To you and to veen's point. We have a fuck-ton of student debt which is already largely not being paid. Okay. The economy tanks (globally - but what about in the US?) and suddenly you have even more recent graduates with no way of making payments and no end in sight. Defer the payments, be under-employed or not employed at all, and have years of not actually paying back those loans. Does that bubble then pop, too?