Cartoon: Hey recent college graduate, congratulations?
Despite the fluff being floated by the Obama administration about an improving job market, the unemployment rate for recent college grads is reported at 8.8%!
What that number doesn’t tell you, however, is that for graduates who are actually employed, it is often at compensation levels that cannot possibly allow them the opportunity to both live and repay their student loan debt.
For instance, how about the graduate who has $100,000 in student loan debt that’s accruing at upper single-digit interest rates working as a bank teller making little more than the minimum wage.
What comes first, food and shelter or debt repayment?
I think we know the answer to that.
Student Loan Bubble!
Source |
***Subscribe to TPC below and share this article with your friends on Twitter, Facebook and Google +1!***
Subscribe to The Political Commentator by Email
Subscribe in a reader
Source: http://politicsandfinance.blogspot.com/2013/05/cartoon-hey-recent-college-graduate.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).