My take away is it's hard for new graduates to find jobs. Which is worrisome, since my daughter should be graduating from college this year. Student debit is not eh largest non-mortgage related debt in the US.
References:
All of a Sudden Students Have Stopped Paying Their Loans, Again—Why? - The Atlantic
Young
and priced out of the US housing market: Mortgage debt traded for
student debt. The dramatic fall in homeownership for those 40 and
younger. - Dr. Housing Bubble
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