They did this crap on purpose, just like the housing bubble! They want to break this country in half financially!
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I hope so! My kids are going to college soon need those inflated tuition prices to crash!
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Student loan crisis reminds me of Freddie Mac & Sallie Mae
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NO BANKER BAILOUT!!! Been there, done that, got nothing for it.
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Let them suffer their fate. This will create new and more honest bankers who are aware they can't get away with stealing money!
End of conversation
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The criminals that run the banks found a way to keep college students as indentured slaves. Bury them in debt. Wasn't like that 20 yrs ago
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What is it about libertarians and deflationary crashes? The attraction is like a firebug to arson.
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Antifa funding going to take a hit
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Housing bubble was because values less than mortgage. Student loans are secured by lifetime earning ability, which doesn't go underwater.
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@DeplorableRich1@zerohedge why not committ them to community dervice in lieu of paying back loans? Great for the resume!Thanks. Twitter will use this to make your timeline better. UndoUndo
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I wonder how many six figure administrative jobs would be in universities without government guaranteed loans?
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The better question is how do I short student loans?
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I been told that colleges have more endowments than all credit debts combined.
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I wonder if that graph correlates with growth in anti-fa protesters. Hmm student loan debt increase in protesters I think we have a match
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Doesn't mean what you think it means... Existing loans all back-stopped by tax-payers. Originations is # to watch RE edu bubble.
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The FED/Treasury will hide, but student loan bubble bursts in '18 with a mix of housing (flat wages for decades, but appreciated property?).
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I hope not US taxpayers will end up footing the bill somehow Could create cash flow seizing that gives banks excuse to get more gov $
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