Thanks To Obama, Taxpayers Are On The Hook For Spring Break Bacchanalia

Investor's Business Daily ^ | 3/10/2017 | John Merline

[IBD editorial writer]

For years we've heard a lot about the terrible plight of those unfortunate college students who've been saddled with student loan debt. And, at least from Democrats, we've heard urgent calls for "debt relief."

What we haven't heard about, until now, is what exactly students are using their college loan money for. Now we know, thanks to a survey by LendEDU, a student loan news website.

In a nationwide survey, LendEDU asked students whether they were planning to use any loan money to help pay for travel or lodging for Spring Break. What they found was that nearly 31% said yes. That translates into nearly 2.4 million students, who will be using at least some of their student loan money to help pay for drunken revelries in Miami, Daytona, Cancun, the Bahamas, or wherever else college kids go for Spring Break.

The survey also found that substantial numbers of students admit to using student loan money for things other than education: 24% say they've used some of the money to pay for alcohol, a third for clothing or to eat out, 7% to pay for drugs, and 6% to gamble.

"Considering the severity of the student loan crisis in the United States, this number is severely disappointing," the report notes.

Disappointing is putting it mildly.

[jsanders2001]

What else would you expect from spoiled, liberal, indoctrinated, and LIV Obama / Hillary supporters? I bet the expenditures for partying and electronic gadgets is a lot higher...

[snoringbear]

“What else would you expect from spoiled, liberal, indoctrinated, and LIV Obama / Hillary supporters? I bet the expenditures for partying and electronic gadgets is a lot higher...”

Yeah, agree. Full disclosure; I’m a Vietnam vet and used my GI Bill toward my college cost, all whopping $120/mo of it. I funded the rest by working the swing ship at a local truck stop. Since then I’ve raised two daughters who now have their degrees. I told them that I would help them get their degrees if they would be willing to work with me. That entailed attending a local community college their freshman and sophomore years, then finishing at an in-state public university, and they would have to work part-time jobs. They worked with me and I worked with them and they got their degrees. And, being the old softie I am, I bought each of them a new car for their graduation presents :)

[SkyPilot]

From Miami spring break yesterday:

[bert]

The disease is Buttus cellulitus

That girl has a leg up on turning 40

[ronnie raygun]

When you give children candy its hard to take it away. The rats now how to create a dependent society from birth. “its a right a human right

[Old Yeller]

Don’t say nuffin, don’t you say nuffin you rasis Cracka.

[kearnyirish2]

Sadly, those “students” are going through the motions of being college students (mimicking whites from 30 year-old movies) in the same way that guy in South Africa was using “sign language”. He was just copying what he remembered from some white person on TV - and actually “saying” nothing coherent.

[Hugin]

Back in the 80s I knew a guy who spent his entire student loan on a quarter pound of cocaine. He told me “I’m going to sell it and double my money”. Instead he stayed up on a three day binge, got so paranoid he convinced himself the cops were about to break down his door and flushed what was left of it down the toilet.

[jsanders2001]

Sounds like you were just being good dad. And because you made them responsible and ear their way, I bet they turned out to be good kids, not like the monsters we we see today.

[jsanders2001]

< The disease is Buttus . That girl has a leg up on turning 40

I can only imagine how big that butt is going to grow just in the next 5 or 10 years. It's got "HUD housing, sit on your butt all day while stuffing your face with food procured by EBT cards" written all over it.

[FrdmLvr]

Ewww! Please, I’m trying to enjoy my toast and coffee as I browse FR this fine morning. And WHAT is that running down the side of the truck directly below that massive a$$?

[mountn man]

you saw that to, huh?

[TYVets]

0bama Legacy

[Lumper20]

Kids born in the mid 50’s and later seem to have had it easier then those born in the 40’s or earlier.

[Some Fat Guy in L.A.]

I have talked to kids in grad school that didn’t need to borrow money but did anyway just so they could live like kings and queens. My kids had to borrow also, but we kept it down as much as we could.

[snoringbear]

"Kids born in the mid 50’s and later seem to have had it easier then those born in the 40’s or earlier". I think so. But, the problems and challenges of the day were different across each generation I think. When I tell my girls how things were back in the day they just roll their eyes and I can see them start to glaze over 🙄. However, I recall doing the same to my parents who were products of the Great Depression 😏. And so it goes. Btw, reads your military bio and it's quite impressive. You've been through some bad stuff. Glad you made it back. It appears we may have been in close proximity at approximately the same period. I was an MP in the 560th MP Company and was in an attachment in Quinhon. Was in a few firefights but nothing like why you experience. My most fearfull near death experiences happened while pulling town patrol and having to break up bar fights between the 1st Cav and Jarheads, lol!

[Polyxene]

And don’t forget going to Walmart in spandex!

[jsanders2001]

> And don’t forget going to Walmart in spandex!

I see you've been to Walmart early in the morning too! ...lol