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Student Financing

This is interesting and worrisome:

First, student debt now exceed credit card debt for the first time.

US student debt now in the trillions

http://rt.com/usa/news/us-student-debt-trillion-045/

“For the first time in the US, total student debt has surpassed one trillion dollars. Americans now owe more in student loans than credit card debt.

Why? I’d say this chart helps to explain it:

http://ilovecharts.tumblr.com/post/12035861507/thenewrepublic-occupy-the-universities-with

I was told by one economic researcher that the major indicator of a state’s economic success is the percentage of 4 year degrees in the state’s population.

Hmmm.

Stephen

 

Posted on: October 29, 2011, 12:01 pm Category: Uncategorized

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