$ Trillion Debt

Student Loan Debt Tops $1Trillion: Student debt is a burden for recent graduates and their parents who co-sign student loans.
www.wsj.com

 

Watch this news clip featuring Robert Reich, Former Secretary of Labor and Professor of Public Policy at UC Berkley, Rebecca Jarvis, Gayle King and Erica Hill.

www.cbsnews.com

 

Our young generation should not be strangled with overwhelming debt upon receiving a college or post-graduate degree. Their future should be filled with hope, exploration and excitement. Instead economists wonder if this trillion dollar debt shouldered by student/parent borrowers may be the next housing crisis. Economists realize that carrying such debt delays marriage, having children and buying a first home. All of these factors affect the entire American economy. What do you think can be done to relieve our young generation of their enocmous financial burdens?


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