The Student Loan Debt Crisis in 9 Charts
The Student Loan Debt Crisis in 9 Charts: Nearly $1 trillion in debt, millions in unpaid loans: the numbers behind how Americans are struggling to pay for college.
The Student Loan Debt Crisis in 9 Charts
The Student Loan Debt Crisis in 9 Charts: Nearly $1 trillion in debt, millions in unpaid loans: the numbers behind how Americans are struggling to pay for college.
Visualizing The Triumph Of Hope Over Reality | Zero Hedge
Visualizing The Triumph Of Hope Over Reality | Zero Hedge:
Remember when we talked about how TARP implicitly made risky funds safe by bailing out the banks? (After all, if we bailed them out for screwing up this time, then surely we’ll be able to bail them out next time.) Well, as was predicted by many a person with sense, the risky and fairly terrible assets on the market have been tanking the *real* value while our government waves a hand and says ‘all is well here.’ And the market believes them.
All is not well.
How Student Debt Is Holding Back The Housing Market
How Student Debt Is Holding Back The Housing Market:
College grads should be getting ready to live the American Dream and buy a house of their own. But they’re being held back by their crushing debt loads […] Students got caught in a housing market spiral: many parents who had once used home equity to help finance college costs had to pull back when the market tanked, leaving students to take on more debt, which is now getting in their way of owning their own homes. […]
BTW: the housing market is rebounding on speculation of an increase in homeownership that WILL NEVER HAPPEN. Prepare for student debt to crash the US economy not just once, but twice.