Re:Student Loan Debt Is Now as Big as the U.S. Junk Bond Market
by ChuckMcM on Tuesday December 05, 2017 @05:54PM
(#15856873)
"It's way too easy to get money for college."
I would go a bit further and say it is way to easy to get money for bad college. Looking at some of the ways for-profit colleges pitch pretty worthless degrees as a "path to higher pay" and simultaneously lay down the student loan application reminds me of the mortgage refinance market of 2007.
I would go a bit further and say it is way to easy to get money for bad college. Looking at some of the ways for-profit colleges pitch pretty worthless degrees as a "path to higher pay" and simultaneously lay down the student loan application reminds me of the mortgage refinance market of 2007.