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Next financial bubble to burst?
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klake87 Offline
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Post: #1
Next financial bubble to burst?
http://www.foxbusiness.com/features/2016...nment.html

Over $1 trillion. 40% of former students not paying back loans. Not a good situation. Just add it to the National Debt.
04-08-2016 12:23 PM
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niuguy Offline
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Post: #2
RE: Next financial bubble to burst?
Jesus, I feel dumber having read this article.

I'm not disputing your concern about a student loan bubble, but what the hell does the data look like? What does it mean that 40% aren't paying their loans? How many are still in school? How many loans are *actually* delinquent and how many are legibility deferred for hardship reasons or because people are in grad school? This is information I want to know because it's the only way to form a valid opinion.

Am I blind? Where's the source?
04-08-2016 01:08 PM
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NIU007 Offline
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RE: Next financial bubble to burst?
(04-08-2016 01:08 PM)niuguy Wrote:  Jesus, I feel dumber having read this article.

I'm not disputing your concern about a student loan bubble, but what the hell does the data look like? What does it mean that 40% aren't paying their loans? How many are still in school? How many loans are *actually* delinquent and how many are legibility deferred for hardship reasons or because people are in grad school? This is information I want to know because it's the only way to form a valid opinion.

Am I blind? Where's the source?

It's FoxBusiness. I've stopped reading **** from them, and Fox in general. Not worth the time.
04-11-2016 08:26 AM
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