Study Says Graduates Would Spend A Week In Jail To Erase Student Loan Debt
Student loans can be a huge burden on many college graduates. The cost of school is going up and it's no surprise that graduates would do some wild stuff just to wipe out their massive student loans forever.
According to WIVB, OnePoll conducted a study on behalf of Splash Financial, where they analyzed 1,000 undergraduates and 1,000 post-graduate degree holders.
89 percent said that student loan debt was a financial burden. They admitted to making sacrifices, such as missing weddings and even births of loved ones, in order to not pay travel costs.
But would they go to jail for a week? According to this study, 40 percent of graduates said they would!
It was just one of the crazy things they would do in order to erase their debut:
- Shaving ones’ head (51%)
- Walk to work for a month (49%)
- Never have caffeine again (40%)
- Relive high school over again (40%)
- No time off from work for a year (40%)
- Spend a week in jail (39%)
I asked some of my friends who have student loan debt about this and they all said they would seriously consider spending a week in jail...wow.
Read the full story at WIVB. Find out more about the study here.