Is College debt the next bubble?

DELETE THIS

Gov pays my interest payments and I defer paying my student loans indefinitely. My plan is to pay it off when BTC hits 25k per in 3 years

How do you accomplish this?

>its a bond bubble

The difference between crypto and other bubbles is that it's not based on debt. Auto, Real Estate, Student Loans are all debt based bubbles. All it takes is an interest rate to pop. what pops crypto?

they can escape the country

lie

that's where you're wrong friend. the milennials are taking over and they are completely reckless and irresponsible. i think there is a good chance all that shit gets forgiven by some socialist act that gets passed. just waiting on the boomers to die off.

then it's universal basic income baby.

is fiat the mark of the beast you think?

then the USA becomes Brazil'd

No and yes. College debt is a bubble to a normal person, it's a boom to the government.

Look, if you have a Fed backed loan, you can't bankrupt it, and if you haven't paid it off by the time you start collecting social security, they'll take almost all of your social security away. Remember, the government has the ability to do things business can't and it will do those things to protect itself. Sadly, we'll need government to protect against things like fraud and force, but we also have to be aware of bullshit like that.

More like thanks feminism.

If the marxists hadn't infiltrated the workforce and colleges thru useful idiot females the standard of living would be much higher and more satisfying for both sexes. But try explaining that to a typical FEMALE like the dumb bitch who said Dr. Seuss is racist because the first lady donated cat in the hat books to the school she is employed at.

I'd say contagion but I could be wrong. For all I know crypto will be the only thing to decouple during the next crisis, at least until governments intervene to shut it down.

If crypto decoupled and trillions started pouring into it during a crash, it would likely become untouchable. Really fun thing to think about.

>The Roaring 2020s are coming to a close
>Economic metagaming crosses a threshold of Too Big To Not Fail
>As everything collapses, the futuristic user-friendly more accepted blockchains become a boon to value
>ISPs refuse to shut down crypto traffic and all get on board taking payments like that
>Every normie who wasn't in starts rushing their money into crypto
>Seamless integration makes this stupidly easy
>US Government loses control over money
>Second Great Depression makes decentralized currency the de-facto system of value for humanity
I'm hard.

you get it cancelled after making qualifying payments for 20-25 years.

>American political cartoon

WORDS ON LITERALLY EVERYTHING INCASE YOU CAN’T WORK IT OUT

>Second Great Depression makes decentralized currency the de-facto system of value for humanity
>the only people who end up suffering are the Jewish overlords
>normal people live peacefully and happily threw the worst possible financial collapse in human history
>government gets replaced by a real none globalized group
>100 years later every planet in our system is colonized
>got to be 16 years old to get your cargo ship licence
>breaking ground on the first solar system sized dyson sphere
>asteroid miners get paid in crypto

this always triggers me

>you have to be 18+ to post here

We had this thread yesterday.

Was this girl asian yesterday?

>Live at home or somewhere
>two years of community college
>two years of real college
>work while in school
>graduate from college without debt

If you have student loan debt you are doing it wrong. Just putting that out there.

You do understand that's not always true, and social security being siphoned by student loans is a multi-billion dollar market currently, right?

>what pops crypto?

When people cash out because they need money. This in turn causes panic selling that snowballs into a giant crash.

it's 100% true, it's actually a law obama signed

Isn't there a tax bill when it's forgiven? If you were forgiven 300,000 you would owe about 120,000 to the IRS.

Awe do you deserve free education for your underwater basket weaving degree, my dear?

yep, also true. but the irs can't jail you if you can't pay that. you'll get put on another payment plan, lien, etc. Not the worst thing in the world, actually the worst part about that big of a loan is not being able to get a loan for a house, which is keeping many people renters and will eventually lead to a collapse in both the student loan bubble and housing bubble in coastal cities where the educated flock to

PROPY
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It Russia college "edication" is free
this debit slaves huge overvalued

I posted this topic 2 months ago. Newer generations paying for education they don't get. Furthermore, without that for which they paid for, they won't make money to pay for the debt. Where will production go? China? Wait…

More like if you didn't take on the students loans and then dump it into crypto and paid back everything when you graduated, keeping your sick gains to yourself, you're doing it wrong.

>e-e-everything is fine

In germany I'm studying for free, sell weed at abnormal prices without paying taxes because its illegal and pay my bills with shitcoins.

Must suck to be an amerifat