Well this is pleasant...

http://www.zerohedge.com/news/2012-11-27/scariest-chart-quarter-student-debt-bubble-officially-pops-90-day-delinquency-rate-g


So it appears our next bubble is upon us! First it was the Savings and Loan business in the 80's...then the the .Com bubble in the late 90's...then the Housing bubble and now this...a massive bubble in student loan debt.

Yeah, I hear a PSA type ad during a nightly radio program. The ad goes something like this, "Folks, this is like buying a house, if you can't afford the payments, it's probably best not to make the purchase."

So they're telling people not to go to college? What the fuck?! Hello government grants!

Not a big surprise. Hopefully I can get a job soon and start repaying mine.

50K is a big chuck of change, especially if there is no jobs after all the time spent at school.