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> Student loans represent a long term investment and may be reasonably paid off over decades. There are a number of indication that calls this into question.
by heisenbit 10y ago
> Student loans represent a long term investment and may be reasonably paid off over decades.
There are a number of indication that calls this into question.
- Size of loans vs. prospective or actual salaries after study.
- Age of debtors (some surprisingly old)
- Number of loans becoming delinquent
- Student loans taking off while other forms of consumer credit are stagnant or declining indicating that student loans are filling gaps elsewhere
- Unprecedented volume of student loans