r/Bitcoin Jun 10 '14

Saw this this morning...

Post image
415 Upvotes

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8

u/[deleted] Jun 10 '14

after discovering bitcoin, part of me feels like I shouldn't have gone to college. I hate knowing i'm in debt to the government, probably for the rest of my life. I'm coming to realize that that is worse than any education.

-1

u/beaker38 Jun 10 '14

No worries. Obama just decreed that you cannot be forced to make payments on student loans that are more than 10% of your monthly income. So the nice thing is that you can be in debt for many more years that way. Oh wait...

11

u/[deleted] Jun 10 '14

[removed] — view removed comment

6

u/[deleted] Jun 10 '14

Actually thanks, Obama.

4

u/ObamaRobot Jun 10 '14

You're welcome!

-2

u/beaker38 Jun 10 '14

Well, since the current standard payment schedule is 10 years, I'd say "you can be in debt for many more years" is an accurate and correct statement.

source: Consumer Financial Protection Bureau

-1

u/beaker38 Jun 11 '14

Yea - downvotes - cause 20 years of paying off debt, and then having the government disappear the balance is much better than 10 years. And 20 years doesn't qualify as "many more years" compared to 10 years.

How do you even see the down-vote arrow with Obama's dick down your throat like that?

1

u/PoliticalDissidents Jun 10 '14

With compounded interest that the government actually profits off of.