College debt likened to sexually transmitted diseases
In response to the growing student loan crisis facing America, comedian John Oliver likened the $1.2 trillion collectively owed by college graduates to the human papillomavirus (HPV). HPV is a sexually transmitted infection that nearly every man and woman will get at some point in their lives.
Did you know that collectively, Americans owe more money for student loans than they do for cars and credit cards?
Outside of home mortgages, it is the second largest pool of debt in this country and it has exploded during the last 10 years. In fact, it quadrupled between 2005 and 2013!
And student loan debt is almost akin to debtor’s prison since it is impossible to discharge it.