The Wisdom Journal » Are Student Loans A Gateway Drug To Debt? (Infographic)

Are Student Loans A Gateway Drug To Debt? (Infographic)

Posted By Ron On April 30, 2011 @ 12:30 AM In College,Debt | Comments Disabled

I ran across this infographic at the Consumerist ^[2] and was granted permission by CollegeScholarships.org ^[3] to host it here on The Wisdom Journal.

Student loans are certainly unique in why they’re used and how they’re eventually collected, but this infographic crystallized the history and information surrounding this “gateway drug to debt slavery” in a way that really hit home for me. Personally, I’ve been making payments on student loans since 1988.

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Infographic ^[4] by College Scholarships.org ^[5]. Used by permission.

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About the author

Ron has written 1082 articles on The Wisdom Journal.

The founder and editor of The Wisdom Journal ^[6] in 2007, Ron has worked in banking, distribution, retail, and upper management for companies ranging in size from small startups to multi-billion dollar corporations. He graduated Suma Cum Laude from a top MBA program and currently is a partner in a national building materials company.

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[2] Consumerist: http://consumerist.com/

[3] CollegeScholarships.org: http://www.collegescholarships.org/research/student-loans/

[4] Infographic: http://www.collegescholarships.org/research/

[5] College Scholarships.org: http://www.collegescholarships.org/

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