Relevant:
- The broken tassel of American higher education -- College debt defaults bring up questions about repayment structure. Is college even worth the current costs?
- A mortgage with every college graduation
- Americans now Hold Over $4.1 Trillion in Consumer Debt: Last Debt Bubble Peak was at $2.5 Trillion.
- A costly lesson in student debt for young Americans -- 34 percent of all student debt saddled to those under the age of 30
- Student debt crisis enters a tipping point -- Delinquent student debt now reaching record levels as defaults spike. Paying more and earning less.
2011-04-19 — blogspot.com
``Thiel thinks there's been a sea-change in the last three years, as debt has mounted and the economy has faltered. "This wouldn't have been feasible in 2007," he says. "Parents see kids moving back home after college and they're thinking, ‘Something is not working. This was not part of the deal.' We got surprisingly little pushback from parents."''
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