September 8, 2010

Student Loan Bubble

A nice article on the soon-to-possibly-burst studen loan bubble.  Just how long can we go on paying $65-100 thousand for a degree that pays $25-30 thousand a year?  Just how many defaults will it take before the whole industry collapses of its own weight?  In 20 years, when our grandkids are headed to college, will our children still be paying on their own loans?

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