Thursday, July 18, 2013

College. The next bubble?

From CBS NEWS: "Total federal student loan debt is now estimated to be close to $1.2 trillion. 

That debt, including both federal and private college loans, crossed the $1 trillion dollar mark at the end of 2011. However, federal student debt, including the popular Stafford Loans, has now reached the milestone all by itself, according to a new estimate by the Consumer Financial Protection Bureau. "