Saturday, 10 March 2012

UH-OH: STUDENT LOAN CRISIS ABOUT TO COME TO A HEAD AND TAKE THE ECONOMY DOWN WITH IT...

VIA GLENN:
“61 percent of folks with a student loan are not paying,” notes Andrew Gillen, Ph.D., of the Center for College Affordability and Productivity. Many of the non-payers are still in school, but many others have long since graduated, but are failing to make payments on their student loans. 
“To give you sense of how unhealthy this is, consider that after the worst housing price crash in our history, 28% of mortgages were underwater.” 
In short, it looks like there is a huge higher education bubble about to explode in taxpayers’ faces.
IT'S NEARLY A TRILLION DOLLARS. AND BECAUSE OF THE OBAMA RECESSION, MANY GRADUATES ARE OUT OF WORK AND CAN'T PAY THEIR LOANS BACK.

THE SOLUTION IS SIMPLE: WE NEED ECONOMIC GROWTH.

TO GET THAT, WE NEED  TO TOSS OBAMA AND THE SOCIALISTS OUT.

VOTE ACCORDINGLY.

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