when is the student loan bubble popping? how will this effect the economy?

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Anonymous Fri May 18 17:26:55 2018 No.9504595 [Reply] [Original]

when is the student loan bubble popping?

how will this effect the economy?

>>	Anonymous Fri May 18 17:28:08 2018 No.9504616 well given that the debt is backed by the us government, nothing good for you mr anon taxpayer.

Anonymous Fri May 18 17:29:00 2018 No.9504630

>>9504595
never because
a) the federal govt prints money to lend out to give loans

b) schools are permitted to inflate the price of tuition as they please

c) and the average human being is too dumb to figure it out

d) and if they do figure it out, you still need a degree for most jobs now so its put up or become creative enough to make your own money

>>	Anonymous Fri May 18 17:36:52 2018 No.9504748 >>9504630 so instead of popping the us dollar will just inflate with rising student debt?

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/biz/ - Business & Finance