17 September 2014
The burden of US student debt
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With a furious debate going on about university fee deregulation in Australia, the US system of fee deregulation, lauded by the proponents of fee deregulation, has seen student debt in the US surpass debt from credit cards and auto-loans, and become second only to mortgages.
US talk show host John Oliver advises US college students to enjoy themselves – to party and to get out and about:
Please, make sure your colleges years are the best ones of your life, because thanks to the debt we are saddling you with, they almost certainly will be.
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For a summary :
Drink Beer, Shoot Fireworks Out Your Bum: John Oliver’s Uni Debt Warning