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50% of Millennials Would Give Up THIS for Debt Forgiveness

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Almost everyone knows someone on student loans.  Perhaps you are on them, too.  Nowadays, they are a lifelong financial burden that are practically a necessity.  Well, a new survey came out that shows how heavy that burden is on students.

50% of millennial survey respondents would give up their right to vote for debt forgiveness.

Now, that is a terrifying thought.

Imagine a politician promising debt forgiveness in exchange for votes.  That’s a powerful weapon to have in your arsenal.

Scarily enough, it sounds like a promise straight out of the liberal playbook.  As we know, Bernie Sanders wanted free college.  Clearly, this isn’t too far off.

That could keep liberals around for a long time.

The report comes from Fox Business:

As the staggering national student loan debt tally sits at an all-time high of $1.33 trillion, according to the Department of Education, many Millennials say they would go to extreme lengths to wipe their slate clean.

According to a new survey from Credible, a personal finance website, 50% of all respondents (ages 18-34) said they would give up their right to vote during the next two presidential elections in order to never have to make another loan payment again.

Other extremes include a willingness to ditch ride-sharing services like Uber or Lyft (44%) and giving up travel outside of the country for five years (42%) to have student loans forgiven.

Yet, only 27% said they would be willing to move in with their parents for five years or give up texting at 13%. Of the 500 Millennials surveyed, only 8.2% of them chose to keep paying off their debt and not give up anything.

Sadly, these sky high debts and an indifference to politics are exactly why so many millennials are condoning socialism.  Hopefully, this problem can be fixed.  It is clearly spiraling out of control.

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About Alexander Fairfax

Alexander Fairfax

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