Rural Lifestyle

Life in Rural America

Tag: debt bubble

American student loan nightmare

There was once a time when a college education was affordable. Young adults could finish college, have minimal student loan payments, and be able to enjoy life.

The federal government has close to a trillion dollars in student loans. A lot of those students will take decades to pay back their loans, if ever.

Wages have been stagnate since the 1990s. Think about that. If wages have stagnated, how are people supposed to pay for an expensive education?

Why are students getting degrees in useless fields, such as political studies? We need more engineers, and less basket weavers.

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Kevin Felts © 2008 - 2018