No, I didn’t say bubble butt, I said burst. And I am talking about the bubble created by the massive amount of student loan debt, which now surpasses even credit card debt in the US. The news that delinquencies are up drastically, is frightening.
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Late last year, total student debt outstanding surpassed $1 trillion for the first time. Now, the problem of student loan delinquency is generating its own eye-popping numbers.
New data released