Today’s Middle Class is feeling squeezed from multiple directions: underwater with their homes and mortgage loans, feeling the impact of a faltering economy, and overwhelmed by debt. Student loan debt is a non-yielding threat to the majority of struggling middle-class professionals and, surging above $1 trillion, U.S. student loan debt has surpassed credit card and auto-loan debt in the U.S. The National Association of Consumer Bankruptcy Attorneys warns that escalating student loan debt and delinquencies could be the next debt bomb for the U.S. economy.
Leave A Comment
You must be logged in to post a comment.