• America's student debt crisis 'is worse than we thought'

    5 monthes ago - By Business Insider

    A new Brookings Institution report projects substantially worst student loan defaults than previous estimates.
    The report predicts as much as 40% of students could be in default by 2030.
    There are $1.4 trillion in US student loans outstanding, making it the second biggest source of household debt after housing.
    The US financial crisis that resulted from a ruptured housing bubble is now ten years old, and investors fretting over a serially record-setting stock market are searching for pockets of risk in various corners of the financial system.
    The first spot they tend to look is at student...
    Read more ...

     

  • America's student debt crisis 'is worse than we thought'

    America's student debt crisis 'is worse than we thought'

    5 monthes ago - By Business Insider

    A new Brookings Institution report projects substantially worst student loan defaults than previous estimates.
    The report predicts as much as 40% of students could be in default by 2030.
    There are $1.4 trillion in US student loans outstanding, making it the second biggest source of household debt after housing.
    The US financial crisis that resulted from a ruptured housing bubble is now ten years old, and investors fretting over a serially record-setting stock market are searching for pockets of risk in various corners of the financial system.
    The first spot they tend to look is at student...
    Read more ...