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Op

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I agree completely that no one should be here unless they know what they want to do, but is that the case? Far from it. And that's the problem, they graduate with all this debt (or worse, spent their parents hard earned money) and STILL are lost with no idea what to do. Here's a clip from mint press news and there are similar articles in every major paper. Federal and private student loan debt surpassed credit card debt for the first time in 2010 and is expected to hit $1 trillion this year. At the same time, as graduates incur record high debt — $25,000 on average — many cannot find work because of the weak jobs market and are unable to pay back what they owe. And the number of defaults is soaring. According to the Department of Education (DOE), among recent graduates who began repayments in 2009, 8.8 percent had already defaulted on their federal loans. That compares to 7 percent in 2008. Tragically, the number of student loan related suicides is climbing as well. “Suicide is the dark side of the student lending crisis,” says Cryn Johanssen, Founder and Executive Director of All Education Matters. “The public needs to be aware of how bad things have gotten for student loan debtors. This is a national emergency and it needs to be solved now.”