Do you think we have a student debt bubble, why or why not, and how will this impact the economy someday in the future? When I look at the current education system I see it being really fundamentally flawed. Every student is being pressured to go to university and take on tons of debt, many of whom would be better off just skipping university period. There's so many universities that offer education of such poor quality I genuinely think it's a scam, and students are graduating with so much debt and not much job opportunity. How is the economy going to grow if young people can't really spend their money because they're busy paying off student debt for a decade or so? Not to mention interest rates are very high on the loans.... I think the last time I looked up stats, debt was at about 1.2 trillion. So ya.. whatre people's thoughts?
Submitted March 23, 2017 at 12:21AM by fuck251 http://ift.tt/2nF8L6r
