Student Loan Debt and the American Academic Obsession

Subtitle: When “Good Debt” Comes Back To Haunt Us Several months ago the Wall Street Journal reported: Americans owe some $826.5 billion in revolving credit, according to June 2010 figures from the Federal Reserve. [Most of revolving credit is credit-card debt]. Student loans outstanding today — both federal and private — total some $829.785 billion, according to Mark Kantrowitz, publisher of … [Read more...]