Visual Student Loan Debt
They call Social Security a Ponzi Scheme. Well, this is the real rip off right here. Did you know that student loan debt is one of the very few types of debt you cannot claim bankruptcy on? And who is disproportionally affected by crushing student loan debt? You got it: the poor.
So, to recap: many poor people get student loans. One cannot claim bankruptcy on a student loan. The economy crashed, now they can’t afford the payments. Bad credit results, and all of the associated problems that go along with it, keeping them poor.
Who spends the most years in retirement?
Early retirement. That’s what most people want, unless you’re lucky enough to love working. When you have the luxury of retiring early though, why not take advantage? According to OECD estimates for life expectancy and retirement ages, in countries like Mexico, it is common for men to work up to the last year of their lives. On the other hand, women in Austria spend an average of 26 years in retirement.







