Vermont House asks Congress to let students file for bankruptcy
MONTPELIER, Vt. – With national student loan debt tripling to more than $1 trillion over the past decade and Vermont’s graduates stuck with the highest debt-to-earnings ratio, state lawmakers are urging Congress to let students file for bankruptcy.
J.R.H. 27 highlights sobering statistics illustrating the scope of problem. Nationwide, almost 7 million student loan borrowers, or 17 percent, are in default as of summer 2015. This is up 400,000 defaults, or 6 percent, compared to 2014. Student loan debt tripled between 2005 and 2015, rising to $1.19 trillion, according to the Federal Reserve Bank of New York’s Consumer Credit Panel.
http://www.foxnews.com/politics/2016/05 ... cmp=hplnws
Old Pudfark sez: " Ya don't have to go 'in debt'....to see the obvious here. "
Bernie's helping hand
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callmeslick
- Posts: 16473
- Joined: Wed Jul 29, 2009 9:02 pm
- Location: Fearing and loathing in Delaware and Virginia.
Re: Bernie's helping hand
college costing so much as to create debt in so many is a national disgrace. Bernie gets that. Other civilized nations get the fact
that higher ed means a brighter collective national future.
that higher ed means a brighter collective national future.
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Pudfark
Re: Bernie's helping hand
callmeslick wrote:college costing so much as to create debt in so many is a national disgrace. Bernie gets that. Other civilized nations get the fact
that higher ed means a brighter collective national future.
You're the one who advocated here...that 'indebtedness' and a 'college degree' went foot n mouth.... Yer "brighter collective national future" has resulted in....a 'Collage Degree with EBT as a major and DEBT as a minor'. Your reasoning? "Well educated/low information, unemployed, non-contributing folks...to be added as voters to the Demturd party"....this will make america great again. -
callmeslick
- Posts: 16473
- Joined: Wed Jul 29, 2009 9:02 pm
- Location: Fearing and loathing in Delaware and Virginia.
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Pudfark
Re: Bernie's helping hand
callmeslick wrote:being stupid,you'll never grasp the good of paying forward in a society.
Damn...glad I finished my coffee, first. Here's a helping hand fer ya.....not the 'hand out' yer begging for...
"being stupid? I'll never pay 'demtard/turd' bills...make my day, you pay..."
Old Pudfark sez: " You threw it in the 'buggy', you pay for it....one way or the other? "