Student Loans Now Rank as the Second Largest Category of American Consumer Debt
Government-Pumped Student Loan Bubble Sets Up Next Financial Crisis https://t.co/eoFoB1EiSX
— Money Metals (@MoneyMetals) July 8, 2019
Government-Pumped Student Loan Bubble Sets Up Next Financial Crisis
Bigger than credit cards, bigger than auto loans, and behind only mortgages.
Generation Z (composed of those now in their college years) faces the bleak prospect of crushing student loan debt combined with the crushing burden of more than $100 trillion in unfunded liabilities they will inherit from Uncle Sam.
