Student Loan Crisis: No Hope in Sight
by
Gregory Mark Fitzgerald on Nov. 01, 2018
Bankruptcy & Debt Credit & Debt Bankruptcy & Debt Collection Other Education
Summary: With interest rates jumping, student loan borrowers are often stretched too thin, both mentally and financially. This is resulting in financial constraints that affect the economy at large, as they are unable to spend on large items like homes and cars.
Not surprisingly, analysts predict that the student loan crisis shows no sign of abating anytime soon, and in fact, according to Bloomberg news, it is the only category of consumer debt in the US that has shown a steady increase since the Great Recession.
Read the entire article on the official Fitzgerald & Campbell, APLC blog.