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The Biggest Losers

The Biggest Losers

In my last blog I drew attention to the increasing burden of college student loan debt, with more and more borrower delaying payment or in default. Here, I want to discuss a worst-case scenario. Although I’ve repeatedly expressed skepticism about the wisdom of taking...
Student Loans Become Ever More Burdensome

Student Loans Become Ever More Burdensome

It’s been widely reported that federal student loan debt now totals a staggering $1.5 trillion, give or take a few billion. It’s hard to wrap your head around numbers that large, but within that big amount lay some disturbing trends that spell bad news for the U.S....