With 1.5 Trillion in school loan debt and interest rates going up this looks like a perfect storm for a bailout next year .
These student loans interest rates are going up and likely they will never be paid back . Younger families with investments for future education costs could be in trouble with the market falling. Say 40yr old parents sending their children to college next year. This debt is larger then credit card debt in the U S today.
Education is BIG business.
These student loans interest rates are going up and likely they will never be paid back . Younger families with investments for future education costs could be in trouble with the market falling. Say 40yr old parents sending their children to college next year. This debt is larger then credit card debt in the U S today.
Education is BIG business.