Student Debt vs Graduate Jobs
Posted: Thu Feb 28, 2013 11:19 pm
Student Debt Nearly Tripled In 8 Years, New York Federal Reserve Reports
Fewer people with student loans are buying homes, according to data in the report. Of borrowers ages 25 to 30 who are taking out new mortgages, the percentage of those with student debt has fallen by half, from nearly 9 percent in 2005 to just above 4 percent in 2012.
The fed report sees a connection, stating, "The higher burden of student loans and higher delinquencies may affect borrowers' access to other types of credit and the performance of other debt."
The "safe" link fer y'all wingbats below:
http://www.huffingtonpost.com/2013/02/2 ... 83103.html
Slick and I had a little "convo" on this elsewhere..the other day....I said to the effect of...."debt is a way to control folks"...Slick said to the effect "bullshit"...
The link says..............well read it.
Fewer people with student loans are buying homes, according to data in the report. Of borrowers ages 25 to 30 who are taking out new mortgages, the percentage of those with student debt has fallen by half, from nearly 9 percent in 2005 to just above 4 percent in 2012.
The fed report sees a connection, stating, "The higher burden of student loans and higher delinquencies may affect borrowers' access to other types of credit and the performance of other debt."
The "safe" link fer y'all wingbats below:
http://www.huffingtonpost.com/2013/02/2 ... 83103.html
Slick and I had a little "convo" on this elsewhere..the other day....I said to the effect of...."debt is a way to control folks"...Slick said to the effect "bullshit"...
The link says..............well read it.