Forbes – How far would you go to erase your student loans? If someone offered you $30,000 for your spleen, would you make that trade? If you’re thinking, “absolutely, sign me up,” you’re not alone: a new survey asked indebted adults this and other would-you-rather questions and found that a not-insignificant portion would forego their physical and psychological well being in exchange for their student debt balance wiped clean. For a month this summer, personal finance site MyBankTracker asked 200 of its users – median age, 32; average student debt balance, $34,500 — a series of questions to assess just far they’d go to get rid of their student loans. The rules of the game: yes or no answers only, and assume the activity in question will pay off your entire outstanding debt load. The questions at hand: Would you be willing to turn your life into a reality TV show? Would you sell an organ? What about selling half of your possessions — would you do that? Would you ingest a drug that has not been approved by the FDA? And would you sign up for active duty? Perhaps because we live in the age of the Kardashians or perhaps because it was the option presenting the least amount of bodily discomfort, 55% of respondents said they’d gladly exchange their debt for ever-present paparazzi. Forty-three percent of respondents said they’d purge half of their earthly possessions in return of a purging of all of their debt, and 38% said they’d partake in a questionable health study — that is, serve as a guinea pig for a drug that has not received FDA approval — if it meant getting out of the red. Thirty-two percent of respondents said they’d sign up for active duty, and a hefty 30% said they’d sell an organ if it meant getting rid of their debt. (Because who needs that spleen after all?)
I think the better way to look at this is just straight dollars and cents. Saying “erasing your debt” sounds SO much better than “$30,000.” Would you sell a kidney for $30,000? Fuck no. Those things probably go for like half a mil on the black market. Would you sell a kidney to be completely debt free? Now THATS some shit that sounds a lot more enticing. So while I understand you dont wanna have any debt anymore, just recognize that your organs are probably worth FAR more than what your student loan debt is. Unless you’re that kid that Nate blogged about a few weeks ago who has $130,000 in student loans and is racking up $28 of interest per day. That kid should sell all of his organs. He should just be dead. Thats too much debt to be alive.
Also, the newborn baby who had a .294 BAC, the Brooklyn College janitor moonlights as drug dealer, Playstation users watch a lot of porn, police fool terror plot at the World Pokemon Championships