Relevant:
- Young Professionals With Student Loan Debt - Priced Out Of The Market
- Another Way Student Loans Are Like Mortgages: Subpar Servicing
- Private Student Loans: The Subprime Mortgages of the College WorldÂ
- The looming student loan bubble -- Almost half of all student borrowers were not making payments.
- The sound of rumbling from the student debt bubble -- Jump in consumer credit last month came mostly from student debt growth. For two decades student debt expanded at a rate above 17 percent per year.
2011-02-04 — counterpunch.org
``Student loan debt is the most punishable of all forms of debt - most of those draconian measures are unavailable to credit card companies... yet the default rate among student borrowers is expected to be higher than that for subprime home mortgages... Government itself has become a predatory lender. It has the same incentive to benefit from default as do private lenders.''
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