I'm not a real writer - I just play one on the internet. It is just a perspective. Really, you should not take this seriously. I'm in my underwear, eating BBQ pork rinds and blogging from the basement of my mother's house. Have a few drinks and try to take it with a grain of salt.
Wednesday, March 7, 2012
The Next Shoe to Drop?
"Take it from those of us on the front line of economic distress in America: This could very well be the next debt bomb for the U.S. economy," said William Brewer, the president of the National Association of Consumer Bankruptcy Attorneys. "The amount of student borrowing crossed the $100 billion threshold for the first time in 2010, and total outstanding loans exceeded $1 trillion for the first time last year."