Home Must Reads Student loan debt threatens economic recovery

Student loan debt threatens economic recovery

| Print |  Email
Must Reads
Tuesday, April 03, 2012

U.S. student loan debt has surpassed credit card and auto-loan debt, reaching over $1 trillion.

 

With a still-wobbly jobs market, these loans are increasingly hard to pay off. Unable to find work, many students have returned to school, further driving up their indebtedness.
Average student loan debt recently topped $25,000, up 25 percent in 10 years. And the mushrooming debt has direct implications for taxpayers, since 8 in 10 of these loans are government-issued or guaranteed.

Read more at The Statesman Journal.

{biztweet}student loan{/biztweet}

 

 

Comments   

 
Jeffrey Anderson
0 #1 Student Loans are fineJeffrey Anderson 2012-04-03 13:05:21
#AskVP I have student loans, but I am able to pay them off. I don't think the payment amounts are too high. I think anyone can make payments on them. Don't subsidize them any more than you already are! Spend your time lowering the debt.
Quote | Report to administrator
 
 
Martha  Perez
0 #2 Student loans, ughMartha Perez 2012-04-04 13:05:09
Loan forgiveness, may be able to partially or fully prevent the next US bubble crisis: college loan defaults. When students are lied to about flashy loan products, and promised that if they work hard, study, and work tirelessly, that they will become rockstars, when, in fact, they have nothing to show for it, then it is not entirely the fault of those who were swindled. There is personal responsibility, I agree, but at the same time, there is systemic issues at play here. Uh huh.
Quote | Report to administrator
 

More Articles

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

Reimagining education to solve Oregon's student debt and underemployment problems

News
Thursday, November 13, 2014
carsonstudentdept-thumbBY RYAN CARSON | OP-ED CONTRIBUTOR

How do we skill up our future technology workforce in a smart way to take advantage of these high-paying jobs? The answer shouldn’t focus only on helping people get a bachelor’s degree.


Read more...

Measure 91: What Oregon Businesses Need to Know

Contributed Blogs
Wednesday, October 15, 2014
91 thumbBY DIANE BUISMAN

Some common misconceptions employers have about marijuana.


Read more...

Downtime

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Bob Dethlefs, CEO of Evanta, balances work and play.


Read more...

Podcast: Turn Things Around with David Marquet

Contributed Blogs
Friday, October 17, 2014
davidmarquet thumbBY TOM COX | OB BLOGGER

How can you move from a command-and-control leadership model to one of true empowerment and accountability? David Marquet did, and he took notes along the way.


Read more...

Revenge Forestry

November/December 2014
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG

A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.


Read more...

Shifting Ground

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

Bans on genetically modified crops create uncertainty for farmers.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS