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Certainly some people are struggling with student debt, and I don't want to look down on their struggle. From a macroeconomic standpoint, though, the Student Lo
by tribune 10y ago
Certainly some people are struggling with student debt, and I don't want to look down on their struggle. From a macroeconomic standpoint, though, the Student Loan "Crisis" is at least an order of magnitude smaller than the Mortgage Crisis.
- Phlarp 10y agoHow many finance professionals were saying "I don't want to look down on struggling homeowners, but from a macroeconomic standpoint the housing loan "crisis" is at least an order of magnitude smaller than the early 2000's tech bubble or the S&L scandals of the 80's" in 2006?
- dragonwriter 10y agoAFAICT, pretty close to zero. There were people that were denying a problem even existed, and people portraying it as an enormous bomb poised to go off anytime, and very few people in the middle.