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The student loan issue doesn't look likely to go away no matter which candidate wins the...

The student loan issue doesn't look likely to go away no matter which candidate wins the Presidency. A new survey shows the average student-loan borrower graduated with $26.6K of loans in 2011, up 5.3% from 2010. The problem is more pronounced in the for-profit sector with evidence mounting that the bang-for-the-buck offered by online, technical, and secondary degrees is waning. Analyst still think the the sector will have winners and losers, but warn a rocky road in general could lie ahead.
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Comments (5)
  • Teutonic Knight
    , contributor
    Comments (2055) | Send Message
     
    Come July 01, 2013 rates will revert to the old scheme. Both the sheer size of the total loan itself, now well over $1T, and the excessive growth and bloom of the for-profit sector, are ticking time bombs.
    18 Oct 2012, 09:33 AM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    join the military that would eradicate the student loan situation.

     

    maybe time better spent than looking for one's dream job.
    18 Oct 2012, 09:37 AM Reply Like
  • PeakOiler
    , contributor
    Comments (297) | Send Message
     
    Right Sam, the military is just another govt job, oh so productive.
    18 Oct 2012, 09:39 AM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    the army recruiter told me that the govt would forgive my student loan if I served in it.

     

    that sounded fair.
    18 Oct 2012, 09:44 AM Reply Like
  • eaglehaven
    , contributor
    Comments (7) | Send Message
     
    I would like to see the "not-for-profit" otherwise know as "public" education sector get the same scrutiny...wonder how it would do?
    18 Oct 2012, 10:16 AM Reply Like
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