1 - 1
It is bad, and actually worse than bad. The student loan debt total is now over one trillion dollars. Easy access to student loan money has driven the college education cost bubble. Just like easy access to Federal money created the housing bubble. Students are graduating into an economy where there are no jobs or low paying jobs. The only way to have student loans 'forgiven' is to work for the government. They can not be discharged under bankruptcy. So we have an entire decade of graduates who are forced to work for the government. Which means they will always vote for bigger government. Which means that after being indoctrinated with the Marxist ideology so prevalent on today's campuses they become automatons for the Nanny State.
1 - 1