High student debt is dragging down U.S. economy

By Patrick   follow   Thu, 18 Apr 2013, 3:14pm PDT   ↑ Like   ↓ Dislike   276 views   1 comment   Watch (0)   Share   Quote  

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   befriend (0)   ignore (0)   Fri, 19 Apr 2013, 6:51pm PDT   Like   Dislike     Share   Quote   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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