The Atlantic: Student Loans Have Grown 511% Since 1999



"How does the housing bubble debt compare? The growth of student loans has been twice as steep -- and it's showing no signs of slowing."

"All this college debt could put the U.S. on a slower growth path in the years to come. As Americans grapple with high student loan payments for the first few decades of their adult lives, they'll have less money to spend and invest. All that money flowing into colleges and universities is being funneled away from other industries where it would have been spent in future years."

No comments:

Post a Comment