Tag Archives: Student Loan

Student Loan Debt Owed to Federal Government Up 463% Under Obama

Since President Barack Obama took office in 2009, the amount of outstanding federal student loan debt owed to the government has skyrocketed, increasing by 463 percent. The balance owed currently stands at $674,580,000,000.00 compared to $119,803,000,000.00, where it stood in … Continue reading

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Delinquent Student Loans Hit Record, 30% Of 20-24 Year Olds Are Unemployed And Not In School

Almost a year ago we shared a calculation according to which “Over $120 Billion In Federal Student Loans In Default“, suggesting that the next credit crisis has already arrived. Since then the topic of the student loan bubble has become … Continue reading

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Dummies for College

From Van Jones’ Rebuild the Dream: Student loans are drowning a generation in debt and undermining American prosperity.┬áRebuild the Dream community member Paul Zehrer put together this great new video that puts a human face on the crisis. We need … Continue reading

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