A survey on student loans revealed that most college graduates will do almost anything to achieve a debt-free status. A number of students are apparently willing to give up watching "Game of Thrones" if this will tip their student loan debts in their favor.
The survey, conducted via Student Loan Report in June, rounded up some 500 graduates who were asked concrete but somewhat amusing and "slightly disturbing" scenarios. It was meant to provide a better understanding of how graduates manage their student loan debts. The results were quite a revelation.
Of those surveyed, nearly 84 percent said that they are willing to stop watching "Game of Thrones," one of the biggest and most addictive shows on air, if this will help them be free of their student loans. Some 57.6 percent of those surveyed said they are going to vote for Donald Trump, while 56.20 percent they would vote for Hillary Clinton this November, if this will help reduce their debts.
At least 26.8 percent said they are OK with getting infected with the Zika virus if it will clear their student loans, while 30.6 percent said they will give up sex for 10 years. About half of the survey participants will jump inside a gorilla cage at the zoo if this guarantees that their student loan debt is down to zero.
ICYMI: Americans owe over $1.3mil in student loan debt. I talked cutting monthly payments this morning on @TODAYshow.https://t.co/QOeJ96zdEE
— Jean Chatzky (@JeanChatzky) June 30, 2016
The results actually highlight the burden student loans have on graduates. Countless of studies have been done and cite that this problem is one of the reasons why millennials cannot get their life on track after school.
On an average, a graduate accrues $35,000 in student loan debts before they can even land a decent job, per The Wall Street Journal. This number affects their credit scores that also affects their claims on other loans, which they will need in acquiring a new house, or car, or funds for starting a business.
But there is some good news. Based on a CNN Money report, student loan interest rates have actually been dipping in the last three years. The assumption of a new president in 2017 is also bringing hope that the student loan system will improve by then. Student Debt Relief has a side-by-side comparison between Clinton and Trump's plans for student loans that will matter to America's future.
