Nowadays, it seems as though people are looking for the next bubble to burst just as much as they’re looking for “the next big thing.” Well, we may have it in the student loan crisis—the latter that is. As young professionals struggle to pay off their student loans, universities are raising tuition in an effort to make up for funds they thought they’d have and, guess what, that leads to even more students taking out student loans. It isn’t looking good. Joining me today to explain how things look and who will be hit the hardest if See more +
Nowadays, it seems as though people are looking for the next bubble to burst just as much as they’re looking for “the next big thing.” Well, we may have it in the student loan crisis—the latter that is. As young professionals struggle to pay off their student loans, universities are raising tuition in an effort to make up for funds they thought they’d have and, guess what, that leads to even more students taking out student loans. It isn’t looking good. Joining me today to explain how things look and who will be hit the hardest if the bubble does burst is Douglas Bates of Berger Singerman and the Business Reorganization Report. See less -
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