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Austen Allred
Competition: Find the craziest graph that shows how bad the student debt crisis really is
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Austen Allred Apr 4
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This is a good one
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Austen Allred Apr 4
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Debt vs. earnings does not look good
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Priest Willis Sr. Apr 4
You either have a plan (budget) for your money or it will tell you where it's going.
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Darshan Gada Apr 4
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Austen Allred Apr 4
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Eventually this graph should be about level. But it's not.
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Austen Allred Apr 4
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More unpaid student loans than credit cards
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Aaron Bailey Apr 4
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This can’t end well. I have so many friends who think the government will step in and forgive their $100k’s of loans eventually. It’s sickening.
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Austen Allred Apr 4
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Note how debt and tuition go up in parallel. Not stopping yet.
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Austen Allred Apr 4
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A mere 141% increase in the past decade
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Austen Allred Apr 4
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Austen Allred Apr 4
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I wonder how defaults are doing
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Austen Allred Apr 4
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If this were a revenue graph you could raise a VC round based on it. But it's student loan debt.
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Austen Allred Apr 4
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Here's a winner. Student loans as a percentage of federal assets. Hint: it's nearing FIFTY PERCENT
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Ryan Lackey Apr 4
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This is going to end badly.
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Austen Allred Apr 4
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Private, for-profit colleges see nearly 50% default
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Austen Allred Apr 4
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African Americans that went to college in 2003-2004 are experiencing a SEVENTY PERCENT default rate
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Austen Allred Apr 4
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Not surprisingly, more than half of the cumulative debt is held by the poorest 1/4 of the country
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Austen Allred Apr 4
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Don't forget: this is one of the only debts that has ever existed that you cannot bankrupt your way out of
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Ponder Apr 4
Replying to @AustenAllred
I mean...it does make sense that the people with money didn't have to go into, nor stay in, debt. Debt is for people who don't have money.
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