Jul 18 2017

Student loan tsunami on the horizon:  Of $847 billion in Direct Loan program, only $535 billion is actually being paid back at the moment. 

The amount of student debt continues to grow like a skyscraper reaching for the clouds.  There seems to be an unlimited amount of student debt that college students are willing to take.  As of today, there is $1.44 trillion in student debt outstanding.  But how much of this is being actively serviced?  After all, if […]

Mar 13 2017

Roughly one third of college students spend their loans on spring break and partying.

There is a massive student loan epidemic in the United States.  Over $1.4 trillion in student debt is floating around in our economy lingering like an albatross on the necks of many young students.  While the idea of getting a college degree is more popular today than ever, it would seem like going to spring […]

May 27 2016

Class of Underemployed: Nearly 50 percent of recent college graduates are working in jobs where no college degree is required.

We don’t send our young into the wilderness for a vision quest as a rite of passage.  There are few things in modern society that signify a transition into adulthood.  Going to college is one of them.  And in debt addicted America, it is no surprise that for many, college debt is the first debt […]

Feb 23 2016

Student debt apocalypse: Median wages up 1.6% over last 25 years while median student debt is up 163.8%.

Student debt is out of control.  Over $1.3 trillion in student debt is floating out in the current economic system.  Most of this debt is saddled firmly on the backs of younger Americans who coincidentally are also entering into a job market with incredibly low wages.  This idea of high tuition with low wages isn’t […]

Oct 16 2015

The two trillion dollar towers of student and auto debt: As Americans are unable to afford homes, many go deep into debt to finance their education and cars.

As Americans continue to see their income lag inflation, many are unable to purchase homes in a market driven by hot money and a crowding out effect brought on by investors.  But people want to spend money, even money they don’t have.  So instead of buying homes, Americans have been on a car buying spree […]

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