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Congrats on Graduating— Now Life Starts to Suck

Today's the day your student loans start collecting interest!

By Kate Schwartz,  Newser Staff

Posted May 11, 2010 11:33 AM CDT

(Newser) – If you're a graduating college senior who didn't get to hear the president warn you about iPads, never fear: Teddy Wayne has some words of wisdom for you. But first, congratulations: "Your reward is here: compulsory, harder work for the next 40 years!" And don't worry, 18th-century French Lit majors. "Even if you didn’t study economics, you’ll soon learn a few concepts, because immediately after this speech ends your student loans begin collecting interest."

You could delay that by going to grad school—and "emerge equally bankrupt at 30"—or business school, "where smart people do keg stands for two years to build their networks and then run the country into the ground." In looking out at the sea of hopeful graduates, "it makes me wonder if we’re doing our youth a disservice by overmedicating them and creating delusional ideations incommensurate with America’s floundering manufacturing industry," he writes for Vanity Fair. "Then I pop this awesome Xanax-and-Vicodin cocktail made in Guangzhou and just kind of mellow out and forget about it."

Treasure this day, class of 2010, because tomorrow your loans start to collect interest, and your lives start to do the opposite, writes Wayne.
"Treasure this day, class of 2010, because tomorrow your loans start to collect interest, and your lives start to do the opposite," writes Wayne.   (Flickr)
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Some more fun terms: 'recession' is when a country’s GDP falls for two consecutive quarters; 'depression' is when you wake up one Tuesday afternoon in your parents’ attic and realize that your youth is over.
- Teddy Wayne

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COMMENTS
Showing 3 of 22 comments
AnotherWhitePup
May 12, 2010 9:15 AM CDT
nursing looks pretty bright. Lots of baby boomers that are gonna need a lot of care in the next 30 years.
diltsduo
May 12, 2010 12:55 AM CDT
LOL College/University/TechSchool/private schools.. DISSERVICE?? half your credits wont transfer to other schools or out of state! So you have to take the class again. This isn't about educating our childing, because if it was they wouldn't have to pay for it. But ya gotta love a Massive debt when your just starting your life.
Jersey13
May 12, 2010 12:17 AM CDT
Damn....I'm only ending my freshman year of college. This is super depressing.

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