The Face of America Today

Not my obligation šŸ˜† they promised šŸ˜ no commitment 😔 rationalize away responsibility šŸ™„find somebody else to blame

Go Bernieā€¼ļø

More Than 40% of Student Borrowers Aren’t Making Payments- Wall Street Journal April 7, 2016

KristoĀ­pher Mathews, 38 years old, is in deĀ­ferĀ­ment on about $11,900 in federal student loans. DurĀ­ing the reĀ­cesĀ­sion he earned a cerĀ­tificate at a MiĀ­chigan-based for-profit college that teaches media arts, but he wasn’t able to find the well-payĀ­ing job in raĀ­dio that he hoped for.

Mr. MathĀ­ews now works as a loĀ­gisĀ­tiĀ­cal anĀ­aĀ­lyst for an auto comĀ­pany, makĀ­ing $46,000 a year. He says he deĀ­votes his inĀ­come to carĀ­ing for his famĀ­ily—he and his fiĀ­ancĆ©e have three chilĀ­dren—and payĀ­ing off two credit cards and a car loan. ā€œWith all the other neĀ­cesĀ­siĀ­ties in life I just don’t haveā€ funds to pay stuĀ­dent debt, he said.

Once his deĀ­ferĀ­ment exĀ­pires, he isn’t sure if he will feel obliged to pay down his loan. ā€œThey promised me everything,ā€ he said of his for-profit colĀ­lege. ā€œAnd I honestly have nothĀ­ing to show for it exĀ­cept a piece of paĀ­per that doesn’t really do me any good.ā€

  

One comment

  1. His story is exactly why I say make him pay. I didn’t get a useless degree. It is only $12K and I bet it is less then the cost of his car. WHY SHOULD I FOOT HIS LOAN BILL.

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