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High student debt is dragging down U.S. economy


By Patrick   Follow   Thu, 18 Apr 2013, 3:14pm PDT   192 views   1 comment
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http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/17/student-debt-is-dragging-down-the-u-s-economy/

Nowadays, younger Americans are becoming less likely to take out loans to buy a house or a car. One possible reason? They’re too overloaded with student debt.

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kmo722   Fri, 19 Apr 2013, 6:51pm PDT   Share   Quote   Permalink   Like   Dislike     Comment 1

about 70% due to the housing bubble... the other 30% is due to screwed up Fed policies on education incentives and loans..

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