Students are Drowning in Debt

THIS year American student-loan debt surpassed credit-card debt for the first time.

By Peter Westerman | April 18, 2011 at 05:53 AM

THIS year American student-loan debt surpassed credit-card debt for the first time. More students are borrowing more money than ever before in order to buy a commodity that is often of dubious value. They are borrowing the money from increasingly dodgy lenders. Read the full article from The Economist.

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