June 13, 2012

U.S. NEWS: Why The Higher Education Bubble Will Be Worse Than the Housing Bubble. “Even when homeowners got hopelessly behind on their mortgages, two options helped. First, they could declare bankruptcy and free themselves of their crippling debt; second, they could sell their houses to pay down most of their loans. Students don’t have either of these options. It’s illegal to absolve student loan debt through bankruptcy, and you can’t sell back an education.”

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