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High student debt is dragging down U.S. economy

By Patrick   2013 Apr 18, 3:14pm   356 views   1 comment   watch (0)   quote

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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1   kmo722     2013 Apr 19, 6:51pm  ↑ like   ↓ dislike   quote    

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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