Student Loan Debt Has Surprassed Both Credit Card and Auto Loan Debt

Not to burst everyone's bubble this morning, but student debt just surpassed credit card and auto loan debt by a sizeable margin and the future doesn't look too bright either.  Unless President Obama, Elizabeth Warren and the GOP can find a solution...

Courtesy of Mother Jones:

If you're one of the 37 million Americans with student loan debt, you're in for a real treat come July 1. That's when interest rates on federal student loans are set to rise to 6.8 percent—double the current rate of 3.4 percent. That deadline has lawmakers scrambling for a fix. There are a bunch of proposals out there, including Massachusetts Sen. Elizabeth Warren's call for students to be allowed to pay the low, low rate that big banks pay for short-term borrowing; a plan President Barack Obama laid out in his budget in April; and the GOP plan that just passed the House—a plan Obama hates.

Whatever lawmakers and the president ultimately decide matters a lot. Over the past 25 years, the cost of going to college has spiked 440 percent. Since 2004, student loan debt in this country has tripled, and now stands close to $1 trillion. Check it out here.

This Is Water by David Foster Wallace

This video is 9 minutes long, but truly inspirational. If you have some time, I highly recommend watching it.  Bookmark it for another day, share it on Facebook, Pin it, Skype it, do whatever you wish with it, but make sure to watch it sometime in your life.  It doesn't matter if you're in college, high school or an alumni - this video is for everyone.

Author David Foster Wallace was asked to give the commencement address to the 2005 graduating class of Kenyon College. However, the resulting speech didn't become widely known until 3 years later, after his tragic death. It is, without a doubt, some of the best life advice we've ever come across, and perhaps the most simple and elegant explanation of the real value of education.

Do It Yourself Graduation Cap Flask

This is for all you college students of legal drinking age.  Let me say that again.  This is for all you college students of legal drinking age. Lol.  Dominque Zamora over at Foodbeast created a DIY Graduation Cap Flask, and not because her job prospects after graduation look bleak, but because sitting through a lengthy 2-hour ceremony is not something she's looking forward to.

Her words after the jump...

I Now Know What The Harlem Shake Is

So apparently I'm not up to date with latest YouTube memes, and didn't know what a Harlem Shake was until someone pointed it out to me last night.

So I did a little research and this is what I found...

Exactly, the University of Nebraska's Gymnastics Team doing the "Harlem Shake".

Um, I'm not complaining, but why didn't I join Gymnastics when I was in high school or college? Lord have mercy.  Is it me or do none of these guys have an ounce of fat on them?

So if you're interested in watching the Nebraska Huskers beat the Oklahoma Sooners you still have time.  They have a meet this Sunday, March 3rd.

Post Secret Fridays - Issue 105

PostSecret is an ongoing community art project where people mail in their secrets anonymously on one side of a homemade postcard.

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-----Email-----
I work for the SEC and I would encourage her to reach out to our office of the whistleblower at http://www.sec.gov/whistleblower. They'll investigate and she may be entitled to award proceeds.

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The Joys of Being a Parent: A Dad's Reply To Son in College

Ahhhh, "The Joys of Being a Parent" with a kid in college. LOL.  And if you don't have a teenager attending one yet, expect it soon, because this is what it's like.  This was absolutely hilarious, but absolutely genius at the same time.  Way to go Dad. LOL.