A look into the situation of American students and a warning for where Europe is heading.
In the United States, university students graduate with an average of 25,000 dollars of debt. Today, half of those graduates are either unemployed or underemployed. Many are unable to pay back their loans. National student debt stands at one trillion dollars, that’s more than credit card debt.
For this generation, there is a feeling of déjà vu, of injustice. They feel that during the subprime crisis the banks got bailed out, but students who borrowed money to get a college education have been sold out.