Opinion | The Great Student-Loan Scam

Some economists are predicting a recession in the next year, but the New York Federal Reserve’s quarterly household debt survey last week showed few portents. What it did show is that more Americans are defaulting on their student loans, and that government budget gnomes have vastly underestimated the future taxpayer charge.

Defaults have fallen for most forms of consumer debt as the economic expansion continues. Mortgage delinquencies last quarter hit a historic low. But severely delinquent student loans have soared since...

opinion They waiting for a socialist president to forgive their debt

opinion The 90/10 rule for lending is a major driver of this scam. If schools had to get private money for a larger portion of the students, most for-profit schools would collapse.

opinion BernieSanders Yeah, government is great. Your ideas will destroy this country.

opinion This has been true for years, even before Obama, and is true for all government programs. If you apply GAAP to entitlements the shortfall is in the 100s of trillions

opinion The government thru subsidizing college education costs created the high cost of college education. Further this was exacerbated by the 'everyone needs to go to college' crowd. Dumbasses

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opinion 🔥🔥

opinion Blame President Obama...yea sure.

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The U.S. States With The Highest & Lowest Student Debt [Infographic]U.S. student loan debt currently stands at $1.52 billion. Where are students facing the highest levels of debt? Gone *Poof* All Student Debt - Globally - Now What? StarTrek That’s what, Bitches. And Milwaukee (Wisconsin) What a shame!
Source: Forbes - 🏆 394. / 53 Read more »

This 34-year-old paid off $81,000 in student debt, but not before it took a toll on her mental healthRoughly a quarter of millennials say their student loans keep them up at night, research shows It’s an age thing. They will need viagra soon... Awake in parents basement? This trauma caused by debt will be a positive thing. These youngsters will never fly headlong into debt in the future. They might even learn to live without it and (gulp) save.
Source: MarketWatch - 🏆 3. / 97 Read more »

Economists not convinced student debt forgiveness would be a positive for the economy, survey findsAn estimated 45 million people in the United States collectively hold about $1.6 trillion in student loans. What about the fairness of someone making the choice of trade school or someone working during college to keep debt down? That’s not the only reason to do it It might just be positive for those burdened by the debt, ya think?
Source: Newsweek - 🏆 468. / 52 Read more »

How this woman paid off more than $222K in student loan debtA 35-year-old who paid off more than $222,000 in debt accumulated through student loans shared how she pulled it off in a celebration video that has since gone viral. Stop it. Protip: work at Google
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