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Well this is pleasant...

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Well this is pleasant...

Post  Smus on Thu Nov 29, 2012 8:57 pm

http://www.zerohedge.com/news/2012-11-27/scariest-chart-quarter-student-debt-bubble-officially-pops-90-day-delinquency-rate-g


So it appears our next bubble is upon us! First it was the Savings and Loan business in the 80's...then the the .Com bubble in the late 90's...then the Housing bubble and now this...a massive bubble in student loan debt.

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Re: Well this is pleasant...

Post  Avanti 63r1025 on Thu Nov 29, 2012 9:42 pm

Yeah, I hear a PSA type ad during a nightly radio program. The ad goes something like this, "Folks, this is like buying a house, if you can't afford the payments, it's probably best not to make the purchase."

So they're telling people not to go to college? What the fuck?! Hello government grants!
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Re: Well this is pleasant...

Post  StalkerStang on Thu Nov 29, 2012 9:47 pm

Not a big surprise. Hopefully I can get a job soon and start repaying mine.

50K is a big chuck of change, especially if there is no jobs after all the time spent at school.

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Re: Well this is pleasant...

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