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Tuesday, April 29, 2014

The Latest on the Student Loan Bubble

Student Debt is a Drag on U.S. Housing and the Economy (Robert Davis) from the Roanoke Times [of Virginia]
"... the percentage of those loans that have fallen into default, reaching 11.5 percent in 2013. Seven in 10 college graduates now finish college with debt, and one in five households carry some form of student debt; this is double what it was 20 years ago. New research findings show student debt may be having a significant impact on the overall U.S. housing market that could translate into long-term effects for the U.S. economy."

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