Friday, May 28, 2010

Another Debt Crisis Is Brewing, This One in Student Loans - NYTimes.com



2 comments:

  1. Sooo... Ms Munna decided to go to NYU and spend about a 100 grand to get an "interdisciplinary degree in religious and womens studies." Now she can't figure out why no one wants to pay her a high salary so she can pay back that huge loan? Seriously?
    Oh and she decided to live in San Fran. I hear it's pretty cheap living there.

    Whatever

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  2. I just think the the parallels to the housing market are interesting. The government fueling a bubble with subsidized and/or guaranteed loans. Of course, there will be a bailout. Although unlike housing, the individual can't "walk away" or even discharge the debt in bankruptcy.

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