Bailey Bud, please do show me just how many 20 somethings get jobs right out of college with a $30K or more yearly income? That's NOT reality in the least.
In fact, it is people your age and mine, with the years of experience who are losing their jobs so that companies can pay less than $25K to a new graduate.
That leaves students who cannot pay the loans, and now jobless parents of those students who can no longer afford to help their kids pay those loans.
Default is going to rise drastically in the next decade.
