Posted on 06/26/2017 8:16:08 PM PDT by GuavaCheesePuff
The nation owes about $1.5 trillion in student loans today. Nearly $1 trillion of this was added during the last presidents term. Student loan debt has skyrocketed past credit card debt, and all other revolving consumer debt combined. By the end of next year, the country will pass the $2 trillion mark.
This debt is strapped to 44 million people in the country, who carry an average debt of $34,000. Interest alone on this amount is about $90 billion per year. In President Trumps joint session address last night, however, he said absolutely nothing about the student loan problem.
(Excerpt) Read more at thehill.com ...
[ I still have trouble trying to accept all of the ‘new normals’ Obama and the Libs tried to sell for 8 years. ]
Uh-oh. That means you have a severe case of Conservatism, Normal-ism, Deceny and Sanity.
Ve moost make yuuu salute der CNN/MSNBC/ABC/CBS/Yahoo/WashingtonPost/NewYorkTimes/LosAngelesTimes as masters of zee truth!!!
How is this Pres Trumps’ Fault, We need an INVESTIGATION heh heh
discharge in bankruptcy. And that is why OBAMA took over the STUDENT Loan debacle..inappropriate for discharge in bankruptcy.. ANOTHER WAY for the GOV to get money heh heh I admire your Professional Lawyer opinions..
I wish all the STUDENTS were as perfect as YOU! HEH HEH
Bravo Drew..
Ill be fair college loans is a scam in a way, then you say just an example of critical thinking. You contradict yourself Sir..
I do not see paying back loan obligations as being ‘perfect’.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.