The next subprime meltdown...?
A few days ago I mentioned to someone that I thought student debt was going to be the next sub-prime meltdown.
Well, guess what WSJ's headline for tomorrow morning is:
"Student-Loan Problems Add to Debt Worry."
Perhaps having thousands of young people going up to their eyeballs in debt will finally begin to have consequences. God help us now!
Labels: debt, student loans.
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