Comments on: The Future of Student Loan Debt

By: Letta Page

Letta Page — Thu, 30 Aug 2012 14:26:00 +0000

A great companion to these graphics is Eric Best’s special feature “Are Some Universities Too Big To Fail?” here on The Society Pages: http://thesocietypages.org/specials/phoenix-as-canary/

By: Student debt « Gas station without pumps

Student debt « Gas station without pumps — Sat, 18 Aug 2012 18:44:58 +0000

[…] selected for extreme gullibility by the fact that they registered at a for-profit college). The for-profit colleges are a growing part of college enrollment, though, as public colleges get slashed by legislators (thanks in part to lobbyists for for-profit […]

By: JonCarter

JonCarter — Sat, 11 Aug 2012 13:38:00 +0000

Just like with the housing debt bubble, the education debt bubble is being driven by federal policy. The easier and more available you make loans, the more debt you create. If you subsidize debt you get MORE of it, not less. The entire federal “plan” to decrease the cost of college by loaning more money is an abject failure.

By: devineopine

devineopine — Fri, 10 Aug 2012 22:10:00 +0000

This is to say nothing of draconian interest rates. I have a friend for whom the interest on his law school loans is accruing at a higher monthly rate than his monthly payment.