"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."
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| You see young skin, I see borrowers |
Yup... these are the folks who you want to hand a trillion dollar responsibilty and hope for the best....
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| what could possibly go wrong? |
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