Relevant:
- The looming student loan bubble -- Almost half of all student borrowers were not making payments.
- 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.
- Americans now Hold Over $4.1 Trillion in Consumer Debt: Last Debt Bubble Peak was at $2.5 Trillion.
- Student loans seen as potential ‘next debt bomb' for U.S. economy
2012-10-10 — mybudget360.com
This is another bubble that is primed to bust anytime soon. It simply cannot go on. Those saddled with the most student debt are also the people making the least in our economy and struggling to find work.
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