capitalism

Student Loan Debt: The Really F*cking Scary Number Hidden in the NY Fed Report

There's been quite a bit of chatter about the latest report on student loan debt out by the New York Federal Reserve Board. All the bad numbers are up: the total amount of student loan debt, the number of students taking out loans, and the number of those who have stopped repayment. But there's one figure that I haven't seen anybody really highlight, and it's the scariest. You can check out a PDF of the findings here.

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