Would You Spend A Week In Jail To Get Rid Of Student Loan Debt?
Is this the new "what would you do for a Klondike bar?"
According to the New York Post, four in five graduates consider their student loan debt a life sentence. A study revealed that of the 1,000 undergraduate students and 1,000 postgraduate degree holders, 89% of them saw their debt as a financial burden. That study also revealed that 39% of the people surveyed would spend a week in jail to erase their debt.
A week in jail isn't the only measure that those surveyed would take. The New York Post reports that 51% would shave their heads and 49% would walk to work for a month. 40% of people said they would never have caffeine again, relive high school over again, and/or take no time off from work for a year to eliminate their student debt.
My question is: would you spend a week in jail to eliminate your student debt? For most people, including myself, student debt is a total burden. And I did all I could to have as little debt as possible; I finished my bachelor's degree in three years, lived off-campus for one year, and went to a SUNY school. I don't know if I'd spend a week in jail, but I'd no question shave my head to get rid of it. Let us know what you would do in the comments below or on our Facebook.