America is in the midst of a second financial crisis. As reported by the Atlantic, from 1999 to 2011, the percent of student loan debt held by Americans grew 511 percent to $550 billion. As of 2010, student loans have surpassed credit cards debt as the nation’s single largest source of debt, nearing $1 trillion. Since 1978, the price of tuition at
The Education Debt Crisis: Is America In Danger Of A Second Economic Collapse?
America is in the midst of a second financial crisis. As reported by the Atlantic, from 1999 to 2011, the percent of student loan debt held by Americans grew 511 percent to $550 billion. As of 2010, student loans have surpassed credit cards debt as the nation’s single largest source of debt, nearing $1 trillion. […]