5 ms·
I am reminded more and more of 2008. An academic loan bubble. Students paying tens of thousands for network connections and a degree. Student's parents putting
by de_nied 5y ago
I am reminded more and more of 2008. An academic loan bubble. Students paying tens of thousands for network connections and a degree. Student's parents putting loans in their names for it.
We started with Coronavirus, went into "The Great Resignation", and ended up at Ukraine. Fast-forward to student loan payments restarting, how many people will be able to afford it after all that? Assume they can afford it, how many would rather default?
A bubble, just waiting, patiently.