from http://www.youtube.com/watch?v=xtIM_TEQxwA

Is this fruition of my college years,
arriving in an envelope, business-size,
Sallie Mae Corporation letterhead?
This is to inform you that you
havent made a payment on your loan
since the winter of, italicized, 1997.

If at this time you cannot make
the monthly payment we set,
youll be required to remit to us
the balance in full.
You know, I dont think Ill pay—
what kind of fool
would feed the beast that swallows its young?
Would feed the beast that swallows its young?

Clearly, eightteen isnt old enough to drink
but old enough to sign a promissary
interesting.
Military? Sure, join up.

And who can put a pricetag
on a top-notch education?
How about $50,000? $80,000? Well, thats
just for the textbooks.

But what exactly is the consequence
should I refuse to pay?
Is there still a Dickensian debtors prison?
Oh, there isnt? Well

If at this time you cannot make
the monthly payment we set,
well be required to revoke what every citizen fears:
your card for digging your hole deeper in debt
to the beast that swallows its young,
to feed the beast that swallows its young.

Everyone must go to university.
Without a good degree,
how will you pay the lenders
who staked you while attending university?
And everyone must grow the university.

This is to inform you that Ill never make a payment.
This is to inform you that Ill never make a payment
to the beast that swallows its young.

I wonder if this is autobiographical. If so, I wonder if it was his plan all along to borrow money without paying it back.

I'm strongly against welshing on debt (especially when the lender's an individual and not a bank) but then I recently completed my BA at one of Canada's top-shelf universities and the whole thing was under $15K. I don't know what I would've done if I lived in the States. GI Bill, maybe, or just not have gone for a degree at all.

Moving this video to calvados's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.