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Let’s dive into the student loan issue in the US

September 17, 2015

Chatting with Rick Ackerman today we were discussing different debts in the US. We could not help but focus on the largest debt in the US – Student Loans! How will these impact the overall economy moving forward and what are the delinquency rates currently?

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Discussion
11 Comments
    Sep 17, 2015 17:26 AM

    Until they change the Law…….concerning BANKRUPTCY on student loans, there will be no forgiveness of any student loans. The students, or anyone who has cosigned for these loans have been suckered into these OVERPRICE SO CALLED EDUCATION LOANS.

      Sep 17, 2015 17:57 AM

      Many of the loans are already being waivered via a forgiveness schedule that is scaled according to whether the borrowers take jobs in the public sector. This will double the damage to taxpayers.

        Sep 17, 2015 17:59 AM

        Yes, I guess you can join the ARMY……and have it waved……….what a joke.

    bb
    Sep 17, 2015 17:46 AM

    Your right Rick.

    Ever read the story of building of the Canadian railroads?
    “Boom time” right across the country.

    China/Russia are planning tracks from Bejing to Moscow.

    Slowly they drop the American dollar.

    Russia absorbs 1 million Ukrainian refugees. They need more population.
    Production increases, milk alone up 26% yoy.

    My guess is Rogers was right years ago, learn Manderin, Russian might be good too.

    The U.S. is tanking, the downslide in the cycle of empire.
    Student loans is just 1 symptom.
    Alot of people can identify many.

    Banana republic? Fascsist socialist state? Whatever it is, its coming.

    Its obvious now and has been for awhile, that if a person wants there kids in a society with a middle class, its east.
    “go east young man”

    On the other hand, some people like bananas.

      Sep 17, 2015 17:58 AM

      My son is learning Chinese. We own a rental apartment in Mile County, in Yunnan. Made my $$$ on Chine$e stocks in 2013.

    Sep 17, 2015 17:47 AM

    Saw Carly on the debate last night . Wow she was very well spoken . Trump was hoist on his own petard . Paul had some good lines, Bush was better , but not remarkable. Dr. Ben was brilliant , but not convincing . Rubio was more polished , but not very exciting . best to all S

      Sep 17, 2015 17:34 PM

      I agree with most of your thoughts. I thought that Trump looked like a buffoon. Completely agree with your assessment of Dr. Ben. Paul was given very little time and Jeb does come across as measured and qualified.

      Sep 17, 2015 17:00 PM

      Thanks for the summary, which saved me the time and annoyance of watching the actual debate. I would no more have done so than watch Rachel Maddow’s show,

        Sep 17, 2015 17:26 PM

        So what is wrong with Ms Maddow,

        Rachel’s publicist