That would make sense. They have the equivalent to a mortgage payment walking out of college. When one is $120K in the hole and cant bankrupt out of it, that means we see a lot of people who cant afford much of anything.
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Yeah, I hear that. I knew a guy that went to Pratt in Brooklyn for his college. Came back to Michigan and couldn't make enough here to even put a dent in the debt. Ended up having to move somewhere with a higher income level.
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