by Robert Wenzel Economic Policy Journal
Recently by Robert Wenzel: Get Ready for Some Major Disinformation About America’sGold
Government continues to support the growth of student loans, which is a method by which government influences education. At the same time, the debt borrowed is turning students into mini-eurozone type debtors. Many have no chance of paying back what they owe.
Donghoon Lee, an economist at the New York Federal Reserve, has put together the horrifying data:
Reprinted with permission from Economic Policy Journal.