In response to:

As Student Debt Reaches Record High $27K, Half of Grads Underemployed

barry1817 Wrote: Feb 03, 2013 2:05 AM
no problem, they can all go on unemployment or welfare, which according to pelosi is one of the best ways to stimulate the economy. and obozo loves this spread the wealth concept, and with his court jesters such as pelosi we can all have such a good laugh.

What self-respecting parent would give their kid a credit card if they knew they were going to max it out and not be able to pay it back? Hopefully, no one. In fact, as a responsible parent you would probably teach your children the opposite habit--responsibility.

This paternal irresponsibility is what is occurring on a larger scale with the federal government and the student loan industry. President Obama has earned himself a failing grade in responsible parenting.

FICO released a new study that analyzed 10 million credit files to find trends within the student loan industry. The group concluded...