"For my generation … it seems like the 'real world' threw up all over us," writes Jennifer, who is 22 and graduated from Boston University in May. She's living in Washington, D.C., splitting a bedroom with another recent graduate she found on Craigslist.org, and sleeping on an air mattress.
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If I were a touch more paranoid, I would think there has been a conspiracy to systematically entrap me and my fellow graduates into an endless cycle of debt. Student loans, buying necessities on credit because the student loan payments bludgeoned my bank account, racking up greater credit card debt than student loan debt, credit scores, having children, taking out another round of loans to pay for their education, wondering if retirement is possible when Social Security is a joke.Most of us are utterly disappointed by the so-called "real world" we used to fear. And well, it's safe to say now we know why.
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