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Government loans for college could very well cause the next recession. https://www.npr.org/2019/12/09/785527874/student-loans-a-lot-like-the-subprime-mortgage-d
by 0000011111 7y ago
Government loans for college could very well cause the next recession. https://www.npr.org/2019/12/09/785527874/student-loans-a-lot-like-the-subprime-mortgage-debacle-watchdog-says https://www.npr.org/2019/12/09/785527874/student-loans-a-lot...
The economic effects will be more indirect than the last one. Folks will delay homebuying, they will have fewer children later in life. Schools and Colleges will be competing for fewer people. Many small liberal arts colleges will close.
- 0000011111 7y agohttps://www.educationdive.com/news/how-many-colleges-and-universities-have-closed-since-2016/539379/ https://www.educationdive.com/news/how-many-colleges-and-uni...