Student Loan Bubble

Word on the street is that the student loan defaults are the next sub-prime debacle. We could not agree more, and unless schools are going to spend more resources on default prevention it will continue to be a problem. Check out this article in the Huffington post.

http://www.huffingtonpost.com/2011/08/17/student-loans_n_929516.html

Sure it’s a liberal newspaper now owned by AOL, but I think they are spot on when it comes to default rates and the bubble about to pop.

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About defaultprevention

Default Prevention Specialist since 1998.
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