"It should be obvious by now that the old adage– study hard, get good grades, go to a good school, get a great job, and work your way up the ladder– really doesn’t apply anymore. And it’s time to re-invent the model."

http://www.zerohedge.com/node/475737

They're going to repudiate this debt via hyperinflation. But still, you young kids are getting royally screwed. Hell, we all are. Worst part about it is, they are lying to you about what they're doing.