Wednesday, April 4, 2012

From the Denver Post: Massive student-loan debt threatens recovery

http://www.denverpost.com/business/ci_20320696/massive-student-loan-debt-threatens-recovery?source=most_emailed


Massive student-loan debt threatens recovery

POSTED:   04/04/2012 01:00:00 AM MDT
By Tom Raum
The Associated Press

"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 eight in 10 of these loans are government-issued or -guaranteed."



Read more:Massive student-loan debt threatens recovery - The Denver Posthttp://www.denverpost.com/business/ci_20320696/massive-student-loan-debt-threatens-recovery?source=most_emailed#ixzz1r4gkfrOq
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