By John Lawrence
With over a trillion dollars in outstanding student loans, young college graduates are being forced to take jobs they hate in order to pay them back. Their futures consist of debt peonage for as far as the eye can see. Some are opting out of a lifetime of death-in-debtorhood and choosing instead to start over living the life that they foresaw when they enrolled in college in the first place. Such a one is Lee Siegle whose June 6 opinion piece in the New York Times laid out his rational for defaulting on his student loan.
His decision was made based on choosing life over death … [Read more…]