Many young people like Michael Geraci are forced to leave behind the jobs they want and went to school for and are forced to take jobs they don’t want that make fiscal sense. For Geraci, he was forced to take a job at a local Walmart and move back in with his parents.

There are over 40 million Americans with student loan debt. These Americans are having their lives hindered or delayed because of these loans. It’s an easy correlation to draw for yourself, but it doesn’t do the real stories of those who are suffering any justice. The story of Michael Geraci is a sad one.

On this segment on 20/20, we learn about Michael Geraci who is a 22-year-old from Hazelton Pennsylvania. Geraci is the first of his family to graduate from college. Unfortunately, being the one fortunate enough to have the opportunity and to follow through until receiving a degree didn’t bring him a prosperous future that his family thought it would. “Everyone was expecting right out of college for me to get a job,” Geraci said.

Geraci was offered his dream job after he graduated. The job was out in San Francisco but Geraci soon discovered that he couldn’t afford to move for the job. “I have five school loans out and $120,000 total,” Geraci said. “I think it’s really ironic because we go to school to get a job but the reason I wasn’t able to take a job was because of school because of my loans.” College costs have tripled over the past 30 years. With the increase of cost for college, there wasn’t been a similar increase in wages causing the divide and displacement of so many young graduates across the country. “It’s the biggest problem in America right now for young people in general,” said Geraci “We’re told to go to college, get educated. But I’m getting educated but here I am with tons of school debt.”

Many young people like Michael Geraci are forced to leave behind the jobs they want and went to school for and are forced to take jobs they don’t want that make fiscal sense. For Geraci, he was forced to take a job at a local Walmart and move back in with his parents. The cost of the move and the cost of living in San Francisco paired with his minimum monthly payment of $1,200 just isn’t feasible.

“I feel defeated every day,” Geraci said. “It’s difficult to apply for jobs and have the motivation to apply for jobs when you know it might not be enough to live.”