Monday, October 24, 2011

Student Loan Mountain

There's a place where the light won't find you
Holding hands while the walls come tumbling down
When they do
I'll be right behind you
--Tears for Fears

Follow on to recent post on higher ed bubble. Student loan debt amounts to just under $1 trillion, and exceeds credit card debt category. This is a deflationary set up.

No comments: