Student Debt Bubble
Middle-Aged Americans Haunted by Student Debt
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  • JohnThackr

    Hmm, it says “college expenses/loans” as what people in their ages 30-49 say is the “biggest financial challenge facing their families,” but surely that includes the college expenses and loans for their *children’s* education as well? I think you’re going too far to say that it must be only the college loans for the people in their 40s themselves.

  • Fat_Man

    It is amazing how much the 2 sectors, higher ed and medical care, have in common. They are both dependent on rivers of Federal Money. They are both dominated by tax exempt “non-profit” corporations beholden to no one, but which have become enormously wealthy. They both have accumulated mysterious encrustations of barnacles (who call them selves administrators) that consume exponentially more resources, and they both claim to be deprived of resources.

    Henry VIII solved a similar problem by closing the monasteries and confiscating their lands. What will happen to our universities and hospitals?

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