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comment by mk
mk  ·  339 days ago  ·  link  ·    ·  parent  ·  post: The New York Times is entirely too blase about these statistics.

Yeah, not only is it an uglier kind of debt, but it's on younger shoulders and they simply don't have the earning potential.

This debt is not going to be paid off. It's going to be inflated away, or something else, but it's not going to go away via monthly payments.