Saturday, February 18, 2012

How long until the student loan debt bubble pops?

Excluding full time students, 52% of people ages 16-24 are unemployed



http://www.nypost.com/p/news/business/the_dead_end_kids_AnwaWNOGqsXMuIlGONNX1K?offset=8#comments



I know college graduates with degrees in engineering (who traditionally, have had easy times finding jobs right out of school) have had no luck landing their first entry level job.



Most people majored in something that provides few practical skills, and many people took on tens of thousands of dollars in loans with no hope of paying them back anytime soonHow long until the student loan debt bubble pops?
We are almost to 100 failed banks this year. More to come. Who do you think was in the mix holding student loans?
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