Opinion: The Scary Reality of the Student Loan Bubble in 5 Charts
“The explosion of the student loan bubble could lead to the next financial crisis in the United States, says a new federal report -which highlights the growing problem in these alarming new charts,” Money Morning reports. ”As of 2012, about $1 trillion was tied up in student loans – more than the total amount of credit card debt in the nation, the report by the Federal Reserve Bank of New York said.”
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