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Analysis Topic: Stock & Financial Markets

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Stock-Markets

Friday, February 12, 2016

Looking For The Next Financial Crisis; Try Student Debt / Stock-Markets / Student Finances

By: Sol_Palha

"Calamities are of two kinds: misfortune to ourselves, and good fortune to others." ~ Ambrose Bierce

Student debt is increasing at the rate of almost $3000.00 per second; this is stunning considering that education tour system does not even rank in the top 10 globally ; we are ranked 18 out of 20. Worse yet, it indicates that colleges are simply forcing young individuals to take on mind-boggling amounts of debt in the hopes of landing a good job when they graduate. Getting a student loan is about as easy it was to get a loan during the booming housing market cycle and look how that story ended.

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