The Developing Student Loan Crisis

EPJ13

“Government continues to support the growth of student loans, which is a method by which government influences education. At the same time, the debt borrowed is turning students into mini-eurozone type debtors. Many have no chance of paying back what they owe.  Donghoon Lee, an economist at the New York Federal Reserve, has put together the horrifying data.”

http://www.economicpolicyjournal.com/2013/03/the-developing-student-loan-crisis.html

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