Feb
25th
Wed
25th
American Student Loan the next CRash
The exact same scenerio that led to failed mortgages has shown its ugly head in student loans.
too much money was loaned to students with no idea of their earning potential.
this lead to inflated university costs because students were able to borrow more and more.
here comes the crash as these students lose their jobs.
time for a student loan bailout.