Dewey Fernfield
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
Perhaps the biggest bubble on earth is the student debt bubble. It’s massive on any scale. There’s no possible way this will end well. Continuously increasing education costs, maximal debt, and the compounding effect of not having a good salary or any job at all on top of debt repayments. This is a system in which cannot end well, yet we are told to ignore it. Sounds fishy to me.
Student Loans Owned and Securitized, Outstanding (SLOAS) | FRED | St. Louis Fed
Student Loans Owned and Securitized
Graph and download economic data for Student Loans Owned and Securitized (SLOAS) from Q1 2006 to Q4 2023 about student, securitized, owned, loans, and USA.
Student Loan Default Has Serious Financial Consequences | The Pew Charitable Trusts
Student Loan Default Has Serious Financial Consequences
As of December 2019, about 43 million Americans held federal student loans, and the education financing system is under growing pressure as more borrowers struggle to repay, a problem compounded by the complexity of the repayment process.
Student Loan Debt Statistics In 2020: A Record $1.6 Trillion
2024 Student Loan Debt Statistics: Average Student Loan Debt
The cost of college has steadily increased over the last 30 years. In that timeframe, tuition costs at public four-year colleges grew from $4,160 to $10,740 and from $19,360 to $38,070 at private nonprofit institutions (adjusted for inflation). As costs have risen, so has the need for student loans
Section 4: Student loans and debts
Section 4 Student loans and debts
View the most recent version. Canadian students in postsecondary education get financial support from a wide variety of sources including employment income, family support, scholarships, grants and loans from government and private sources. This section looks at student debt incurred by the graduating class of 2009-2010 and examines only graduates who did not pursue further education within the three years after graduation.
Federal Interest Rates and Fees | Federal Student Aid
Federal Student Aid
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COVID-19: Stay Informed – National Student Clearinghouse Research Center
Stay Informed | National Student Clearinghouse Research Center
In the aftermath of the COVID-19 pandemic, colleges and universities are pressed to re-evaluate their long- and short-term strategies, particularly as they pertain to enrollment management and student support services. The Research Center’s Stay Informed report series continues to enable educational and policy leaders to make informed decisions through timely enrollment trend reporting that began with the pandemic.
Books | The Money GPS
The uncertain present and future for recent graduates – BBC Worklife
The uncertain present and future for recent graduates
Life has shifted amid Covid-19 – and for the Class of 2020, career prospects look different than these recent graduates could have ever imagined.
Student Loan Delinquency and Default | Federal Student Aid
Federal Student Aid
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Student debt has risen considerably over the years. We have watched the growth of debt on all levels. Credit card, student loans, mortgages, line of credit. Debt is not being paid back.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
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You are very right. Thanks for making this video and article.