In a study done by OnePoll for Splash Financial, 39% of graduates revealed they would do jail time to erase student loan, reports New York Post. 

The study questioned 1,000 undergraduate and 1,000 postgraduate degree holders about how they feel about their student loans. Not surprisingly, 89% said their loans are a financial burden. 

Four in five graduates said their debt is a life sentence — while many said they would serve a week sentence to rid their debt. 

Other sacrifices postgrads have confessed to included, taking a job they didn’t like but paid well, 36%; passing on attending a loved one’s life event, 36%; and serious budgeting, 38%.

Graduates are also making, or not making, serious life decisions because of their debt. 

According to 43% of those polled, buying a house is a financial impossibility. Some also believe things such as saving for retirement and taking a vacation were not reasonable while also having to worry about loans. 

People describe their feelings toward debt as “frustrated,” “worried,” “overwhelmed” and “annoyed.” They would even do extreme things if it means canceling their debt such as shaving their heads, reliving high school and not taking any time off of work for a year. 

Splash Financial CEO Steve Muszynski said debt is impacting overall finances for most people. 

“These survey findings support the fact that the burden of student loans negatively impacts a person’s financial well-being and it often seems inescapable,” Muszynski said. “From grocery shopping to relationship building, it is shaping everyday life. If we’re not careful, it could have massive cultural implications.” 

When word got around about being locked up in return for canceling debt, some Twitter users were ready to hop on board. 

Since we'd want to avert counter-productivity in this hypothetical circumstance, the next question is: will their records be expunged?

How-To-Get-Out-Of-DebtStudent Loan DebtStudent-Debt-Crisis