5 ms·
The fact that there is a lot of student debt does not mean that a meltdown is coming. The housing market crash was so significant because of the amount of lever
by dnadler 8y ago
The fact that there is a lot of student debt does not mean that a meltdown is coming. The housing market crash was so significant because of the amount of leverage that was in the system (and how obfuscated it was).
There leverage in the student loan market is much lower for the time being.