"Debt U: How Higher Education Breeds a Lifestyle of Debt"

It is no secret that college students are in debt. What is shocking is the level and speed at which "normal" students are amassing debt, and the powerful effect it has on their adult lives. Suddenly, being $20,000, $50,000, even $100,000 in debt upon college graduation has become overwhelmingly common in America. Debt U takes an irreverent look into the lives of many young adults, depicting how debt in college leads to more debt after graduation, and the dangerous financial consequences that follow. The author illustrates a fascinating and frightening portrait of the current economic climate faced by graduates. He provides invaluable information that every student, young adult, and parent needs in order to navigate the minefield of debt - and a new vision for what can be done to change it. Through life experiences, statistics, and detailed analysis, Logan Abrams paints an unsettling picture of the future of America's young adults. The problems faced by his generation and those to follow are unlike anything we have seen in American history - inaction is not an option. US high schools graduate over 3 million financially uneducated consumers each year. Debt U examines how we got to this point, what it means, and where we need to go from here: -Where the lifelong cycle of debt begins - and how it can end -Why college costs have doubled over the last decade while the value of a degree falls -Who is to blame - and who can solve the problem? -Post Graduation Stress Disorder- symptoms, repercussions, and treatment -How colleges and banks take advantage of higher education -The Credit Card Act of 2009- what changes will be made, and is it legal?