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Yes, the student debt growth is unsustainable. It's up 10x in a bit over 10 years. Unbelievable!! There are only three things whose relative cost has gone up
by theprop 9y ago
Yes, the student debt growth is unsustainable. It's up 10x in a bit over 10 years. Unbelievable!! There are only three things whose relative cost has gone up in the past 40 years: education, health care, and housing.
It's also amazing to me is that total household debt is 12.5 trillion, while the federal debt is just about $20 trillion.
In $12.5 trillion so many people have gotten an education and own a home. What exactly did anyone get with that $20 trillion the federal government has spent?
- spydum 9y agoOpportunity.