College Graduates are Becoming Prostitutes to pay off student loans

The average college student graduating college has $22,000 in student loans due after graduation. In order to pay off these loans when no jobs are available many students are resorting to prostitution to pay off their student loans. So says Ariana Huffington on Piers Morgan on CNN.

Also, since Bankruptcy laws have become more and more stringent over the last 20 years or so, student loans cannot be discounted, for example in a Chapter 13 Bankruptcy. They have to be paid in full including any interest that accrues in back payments up until the bankruptcy is filed. When the bankruptcy is filed the interest then stops accruing against the graduate. So, filing for bankruptcy is the only way to stop back payments from accruing interest on your student loans.

25 million adults in the U.S. are now unemployed with no jobs available for which they are trained.

Much Later: March  6th 2014. Since I wrote this article I found out about what many U.S. college graduates are doing to pay off their student loans. It turns out that often if you have a degree in literally anything from a U.S. college you can teach English in a foreign country and make enough money to pay off your student loans and to also support yourself living there as well. 3 of the countries that many people are teaching English in are South Korea, Japan and Thailand. However, you likely need a TOFL (teaching English as a foreign language) certificate online (about $300?) and some time volunteering in a U.S. public or private school. Another option is becoming a tutor here in the U.S. or abroad for a wealthy client that needs their child or themselves to speak English better soon for Business reasons or just to be better able to live here in the U.S. To me, this seems 100 times or more better than becoming a prostitute to pay off your student loans so you don't have to go bankrupt or default on your student loans at 22 or 25 years of age.

Many times people like teaching English so much that they decide to stay in foreign countries because they are living in exotic destinations or are near to exotic destinations that they can travel to on their time off for relatively inexpensive rates because they are already near where they want to visit on vacation.