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It Is So Hard To Pay Back Student Loan Debts In The US That American Borrows Are Fleeing To Live Abroad To Avoid Paying

Financial analysts have long predicted that the next bubble that will burst and lay damage on the economy of the United States (y por ende of the whole world) is the student debt bubble. Millions of college graduates owe so much money as a result of their graduate degrees that it will take a good amount of years before they can enjoy a clean slate, un nuevo inicio with no malditas deudas. As employment prospects grow dimmer in troubling financial times, these graduates just can’t get the jobs that will allow them to live comfortable, grow their wealth, and pay their student loans. It is a monetary bottleneck that has everyone scratching their heads. What to do? Condone debt and give people with university degrees a chance? That is sort of unfeasible, as the financial system is sustained through futures, bonds and the selling and buying of debt, so sometime, somewhere, there would be a huge hole in the system.

Some graduates are finding an alternative that is as legally tricky as it is ethically controversial: they are leaving the United States to avoid paying their debts. Some live in Europe, others look for alternative citizenships based on their heritage and some others just migrate to places like Australia, where Anglo migration (read, white migration!) is given a free pass even if their visa status is not crystal clear.

This option has sparked fiery debates on the Internet, as more and more news outlets report on members of an arguably lost generation who chose to leave rather than to live in debt. 

Vice published an article on Americans who now live almost debt-free in Europe. This happened all the way back in 2016, so this is not quite new.

Credit: @FeministGriote / Twitter

The phenomenon has been present for at least three years (could the election of POTUS be a factor, we guess?). Anyway, users such as Sister Outsider were not happy at all is that who the country is, she asked? 

Others thought that this was a very smart move because student loan debt interest rates are nearly impossible to overcome.

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This dude James Hipp seems to take it a bit more lightly. Well, anything goes eh?

The article sparked some seriously opposing views, despite the growing fear that millions of students will remain in debt indefinitely.

Credit: @that1laura / @Mchacon49r / Twitter

These two couldn’t possibly be farther apart in their views. One calls these “Debt Dodgers” as the VICE article called them, “selfish, entitled, and arrogant”. Meanwhile, a user who is actually wearing graduation regalia simply says that she doesn’t blame them. Perhaps she is facing similar fears and uncertainty in terms of her future in the workplace. Because let’s be honest: things are pretty grim the world over. Not to mention that there have been recent articles about people entering retirement with student loan debt left to pay.

Some people just don’t understand how someone could run from their student loans.

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Did Xavi dude just calls them “deadbeats”, huevonesperezosos. But sometimes these are people who actually want to work, but find little or no prospects at home and look for a better horizon. Isn’t that what the immigrant spirit is made up from?

Just last year a CNBC article set fire to Twitter over the same issue.

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This user, who we assume is a conservative Internet keyboard warrior, equates debt dodgers with the young men who dodged the draft during the Vietnam War. Is this a fair comparison? Yes, they decided to get an education, but this is the core of the controversy: should education be a right or a privilege?

Should some people just not go to college? @AlephBlog seems to think so.

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The CNBN article told the story of a graduate in debt who now lives in India, caring for elephants. User David Merkel simply says that these people should not go to college at all. Is he right? His savage judgment evidences a worldview in black and white. Obviously, people don’t want to leave.

No one asked them to go to university? Well, things are a bit more complicated than that, @TeresaGillia.

Credit: @TeresaGillia / Twitter

The contemporary social and financial status quo demands that young people acquire skills in information management and professional work. Manual work in the United States is generally underpaid, so if folk want to get ahead in life a university education seems to be the only way. So the choice is limited: yes, young people can choose not to go to university, but in doing so are risking not advancing in life, in monetary terms. But what happens when people get a degree, work hard and still see no descanso in sight?

User Jim Robinson has a point: the banks and other financial institutions are also to blame.

Credit: @ThatJimR / Twitter

Just as the 2008 Global Financial Crisis revealed (you can see it explained with peras y manzanas in the movie The Big Short), the addiction to debt and the trigger happy nature of the banking system has generated a lot of immediate wealth that ultimately leads to financial ruin. Banks have chosen to loan so much money knowing that students won’t be able to pay it back, that their bad decisions have come to bite everyone en el culo. Jim Robinson is right: some loans are indiscriminate. These financial practices border criminality de cuello blanco

Student debt has been on everyone’s mind this past month, ever since this billionaire wiped off the debt of an entire graduating class.

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It might seem to be the feel-good story of the month, but the fact that Robert F. Smith made this magnificent donation and gave a whole class of students an Oprah-like moment is more like the symptom of a broken system, rather than a sign of pure goodwill. He must have looked at all those young people, mostly Black, and knew that they would face a lot of hardship unless he interfered, that the joy of graduation would soon turn into the darkness of precarious financial prospects.

Let’s get some context on the current political climate: this tweet sort of sums up what many are facing.

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At the other end of the political spectrum, we find another millionaire, Betsy DeVos, the US Secretary of Education, who is actually cutting the budget for debt forgiveness. This tweet captures the feeling that many are having at the moment: any life-changing step (such as having kids or buying a house) is stalled due to the lack of support that the government is able or willing to give to those taking their first steps into adult life. What is the solution?

 The “Debt dodger” controversy got new traction a few days ago.

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New reports point to a spike to this trend, and the conversation has gained momentum given the prominence that the student debt crisis has had leading to the presidential election next year. This user references the plan drawn by Dem presidential hopeful Elizabeth Warren, who proposes to wipe out student debt by taxing the wealthy. According to a Politico/Morning Consult poll, 56% of registered voters support the Massachusetts senator’s proposal. It is hard to judge either side, but something’s gotta give and the student debt crisis will either puncture or strengthen the idea of the American Dream (our take, solidarity is always best).

READ: The SATs Have A Problematic And Racist History Fueled By The Creator Of The Test Who Praised Eugenics And Racial Separation

Lisa Frank And Hotels.com Created An Apartment That Looks Like The Inside Of Your 3rd Grade Backpack

Culture

Lisa Frank And Hotels.com Created An Apartment That Looks Like The Inside Of Your 3rd Grade Backpack

LisaFrank / Instagram

Calling all ’90s kids. Was there ever a better feeling in the world than getting a new shimmery, colorful Lisa Frank binder? We all know that one person who had the whole kit; pencils, erasers, notebooks, stickers. Maybe that person was you or maybe they were someone you were always just a little jealous of, whether you admit it or not. It was a rainbow-colored explosion in every elementary and middle school in the ’90s. Yet, Lisa Frank stationery wants to make the experience immersive. You now have a chance to stay in an apartment decorated in the signature rainbow-colored and slightly psychedelic style of the ’90s brand.

The Lisa Frank apartment, a collaboration between Lisa Frank and Hotels.com, screams nostalgia.

Credit: Hotels.com

Lisa Frank teamed up with Hotels.com to bring your ’90s backpack to life. Hospitality company Barsala, which specializes in delivering the best value for price to their customers. A lucky few fans will be transported to the wonderful world of fluffy rainbows, unicorns, golden retrievers, and technicolor dolphins. The Lisa Frank-themed penthouse is in the Los Angeles Fashion District in downtown. But if you want to stay there, you better hurry. The room is only available for a couple of weeks this month only.

“We wanted to design a room that celebrates all things ’90s, and nothing screams childhood nostalgia more than these iconic designs,” Adam Jay, president of Hotels.com told Curbed LA.

The bed has Lisa Frank sheets and duvet and there are pillows with the trademark colorful kitties and puppies of the brand.

Credit: LisaFrank / Instagram

The bedroom features a hot-pink four-poster bed with a light-up canopy outfitted with Lisa Frank’s signature chromatic bedding and rainbow-hued curtains. There’s a wall-sized mural featuring some of Lisa Frank’s most iconic designs like the rainbows coming out of fluffy clouds, the bear dressed like an Elton John-styled magician, and all of the animals and characters we remember.

The bathroom is an underwater technicolor oasis with all of the Lisa Frank nautical designs we all recognize.

Credit: LisaFrank / Instagram

The bathroom walls are decorated with Lisa Frank’s underwater scenes that graced out school folders for years. Heart-shaped bubbles, rainbow colored tropical fish, and the famous pink and blue dolphins cover the bathroom walls. It is everything you ever wanted your parents to do for your bedroom and bathroom growing up.

Of course, Lisa Frank’s chromatic animal print collection is on full display in the kitchen. 

Credit: LisaFrank / Instagram

You’ll find a true rainbow color spectrum in this kitchen from bright pink to pale blue and all the colors in between. Lisa Frank’s iconic animal prints come to life on the cupboards. Yellow zebra print, a red leopard print that fades to orange. The best part? The kitchen comes fully stocked with the most iconic vibrant-colored candy from your childhood —like Gushers, Pop-Tarts, Pixy Stix, and Planters Cheez Balls.

Get in touch with your inner pop artist with all the stationery and Lisa Frank goodies you can take home.

Credit: Hotels.com

If all the rainbows and colors are making you inspired, next to the lounge area, there’s an office space complete with all the cutesy rainbow Lisa Frank stationery you could ever want. The desk comes supplied with pencils, post-its, notepads and stickers. If ever we wanted to smuggle something out of a hotel room, this is it. 

Guests even get limited edition robes, slippers, and sleep-masks.

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With your booking, you get to take all of the goodies you like. The candy, the stationery, the Lisa Frank-embroidered robes, and slippers, all yours for the rate of $199 a night.

Yes, Lisa Frank is a real person, but the art was a collaborative effort.

Credit: LisaFrank / Instagram

The Lisa Frank brand first rose to prominence in the 1980s and ’90s as purveyors of hyper-bright, animal-centric school supplies, including Trapper Keepers, pencil bags, backpacks, stickers, and stationery. Lisa Frank is a real person and started the company while she was still in college. However, many artists collaborated to design the illustrations. 

“The artwork was a collaborative effort, but it all began with me putting it on paper as a marker rendering,” Rondi Kutz, who was Lisa Frank Inc.’s Senior Designer and Product Development Leader told HelloGiggles. “The concepts came from Lisa, James (her husband), or me, so I can say that some of the characters were my idea and original design. But by the time it went on to an illustrator to redraw it, adding detail, then to a computer artist who rendered it on the computer (which entailed hundreds of hours of work), it had many artists’ stamps on it.” Kutz went on to work at the company until 2002.

Other notable themed properties available to rent (not on Hotels.com) include Bella Swan’s house from “Twilight,” a “Taco Bell inn” pop-up and the Oscar Mayer Wienermobile. Stays at the Lisa Frank Apartment are available only from October 11 through 27. The cost per night is $199 and the room can only be booked through Hotels.com.

READ: This Mexican Hotel Will Give You Unlimited Tequila And Let You Sleep Inside A Tequila Barrel

There Is A 9-Day Tour You Can Take Of Mexico To Celebrate Día De Los Muertos

Culture

There Is A 9-Day Tour You Can Take Of Mexico To Celebrate Día De Los Muertos

totallydead / Instagram

We’re beyond thrilled that our favorite holiday is right around the corner, and we’re not talking about Halloween, but Día de los Muertos. We’re starting to plan our altars and decorate the house with papel picado. Aside from decorating and watching “Coco” for the billionth time, we wish there was more we could do to commemorate this Mexican tradition. Now there is, but before you get excited about the possibility of honoring the dead in a very new way, check out the details first and you may be too scared (or too broke) to participate.

A travel company is offering a 9-day trip to celebrate Día de los Muertos in Mexico.

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Flashback, a “Boutique group adventures for solo travelers in their 30s and 40s,” just launched a vacation package that has various stops throughout Mexico and is specially themed to honor Día de los Muertos.

The package offers, “a unique take on ancient traditions, the Día de los Muertos (as it’s called in Spanish) sees Mexicans gather to pay respects to the deceased. But there’s nothing somber about this occasion. What follows is a vibrant chaos of color, calaveras, and marigolds; beautifully-decorated altars and intricately-painted faces; music, dancing and a celebration of life. With only one departure running a year, this is your chance to experience Mexico on a truly special occasion, alongside all the classic cultural experiences.”

The trip entails a stop in Mexico City and partaking in La Catrina parade.

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Thousands of people gather in Mexico City dressed in the best Día de los Muertos costumes including many who go as La Catrina. On Day 2, the group (you and your new travel buddies) will go to the Zocalo Square in Mexico City to view the many ofrendas (altars). 

“Your guide will talk you through the traditions surrounding this sacred practice, with the chance to taste pan de muerto – a sweet bread recipe made especially for this occasion – and traditional Mexican chocolate,” Flashback states. “You’ll have the option to channel La Catrina and have your face painted in the traditional calavera style.”

On Day 3, the tour will include a boat ride to la Isla de las Muñecas, the Island of the Dolls. 

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Hold up. Now, we do love Día de los Muertos, but la Isla de las Muñecas is scary AF. “Shrouded in local folklore, the island is widely believed to be haunted by the ghost of a drowned girl. True to its name, you’ll find a plethora of creepy dolls hanging from the trees of this deserted island, some without heads or limbs. Your guide will talk you through the sad backstory of the island, before taking you back to the city center for an afternoon at leisure.” We’re not sure how much leisure we’ll be feeling after this spooky boat ride. 

The rest of the trip includes stops in Puebla, Oaxaca, hiking the Sierra Norte mountains and swimming in la Hierve el Agua. 

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The tour includes visiting la  Calle de los Dulces (the Street of Sweets) in Oaxaca, “where you’ll find rows of stores selling traditional Mexican treats. Dinner tonight will be enjoyed at a traditional restaurant, with dishes served in Poblano pottery,” and also experience how Oaxacans celebrate this historic holiday. One of the coolest parts of the Oxacacan stop is that the tour includes a visit to San Miguel Pantheon cemetery. 

This whole trip will cost you $3309, and that does not include airfare.

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That hefty price tag includes accommodation, equipment gear, a local guide, transportation, food that is on the tour, and airport pickup. There’s also limited space for 14 travelers, which does give way to an intimate experience. 

Is this something that sounds interesting to you? If so, you should probably book ASAP because we’re sure people (with money to burn) will want to explore an authentic experience to Día de los Muertos in Mexico. The trip begins on Oct. 26 and ends on Nov. 3. 

If you can’t afford this trip, we have a better suggestion. Book a cheap flight to Mexico City, and stay an inexpensive AirBnB. You can also take very reasonable bus rides to Oaxaca and Puebla because honestly, it shouldn’t be that pricey to visit Mexico. But, as we said, if you have money to burn and want to take in Day of the Dead in an Instagramable way with other likeminded travels, then this trip is definitely for you. Either way, enjoy Día de los Muertos!

Read: Mattel Is Releasing A Day Of The Dead Barbie Doll And You Better Believe Latinas Are Divided About It As Heck