Student Loan bubble to burst

https://finance.yahoo.com/news/mark-cuban-warns-housing-bubble-160500202.html

I agree with Mark Cuban on something, will wonders never cease.

 

Massive student loan debt, via the federally guaranteed student-loan industry ($1.5 trillion dollar student loan government guarantee program), is yet another pattern of overleveraging and mortgaged futures … further bolstered by a prolonged and slow economic recovery, iffy job market (sluggish entry-level wages in labor markets /stagnant wages)—a liquidity crunch and wealth loss—e.g., systematically causing consumers to defer larger purchases such as vehicles, homes, business ownership, along with an overall regression in private enterprise (e.g., all forced postponements).

“…student loan guarantees undermined market discipline, encouraging risky borrowers to load up on artificially low-rate debt” (Weiser, Jul. 8, 2014). Sharing the Leverage | National Review Online

 

Ok, so how long before the bubble pops? And what happens to the U.S. economy if it pops? I give it eight more years before a crescendo arrives.

 

Your prediction is as good as mine; nonetheless, it’s inevitable...

 

Now here's a fun link that can eat your afternoon. Wow. https://studentaid.ed.gov/about/data-center/student/default