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# Student Loan is Greater than Credit Card Debt in the US!

Author Message
Founder
Joined: 04 Dec 2002
Posts: 15590

Kudos [?]: 28518 [0], given: 5114

Location: United States (WA)
GMAT 1: 750 Q49 V42
Student Loan is Greater than Credit Card Debt in the US! [#permalink]

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12 Sep 2011, 23:43
Wow, something is wrong with this picture - either people don't shop enough or schools have been overcharging....
as the result, defaults on Student loans are up and the economy is down.

WSJ Education Loan Defaults
http://online.wsj.com/article/SB1000142 ... lenews_wsj

Mint Article about Student Loans surpassing Credit Card debt
http://www.mint.com/blog/credit-2/how-s ... it-092011/
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Founder of GMAT Club

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Kudos [?]: 28518 [0], given: 5114

Manager
Status: Trying to survive
Joined: 29 Jun 2011
Posts: 183

Kudos [?]: 117 [0], given: 94

GMAt Status: Quant section
Concentration: Finance, Real Estate
Schools: WBS (D)
GMAT Date: 12-30-2011
GPA: 3.2
Re: Student Loan is Greater than Credit Card Debt in the US! [#permalink]

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13 Sep 2011, 12:48
bb wrote:
Wow, something is wrong with this picture - either people don't shop enough or schools have been overcharging....
as the result, defaults on Student loans are up and the economy is down.

WSJ Education Loan Defaults
http://online.wsj.com/article/SB1000142 ... lenews_wsj

Mint Article about Student Loans surpassing Credit Card debt
http://www.mint.com/blog/credit-2/how-s ... it-092011/

it will become harder and harder to get these loans
BTW, it's not common here at all or you can say not available .... it's as simple as if you have money you can study

do you think about making sub forum for these loans , scholarships and internships ?
_________________

How can i lose my faith in life's fairness when i know that the dreams of those who sleep on the feathers are not more beautiful than the dreams of those who sleep on the ground? - Jubran Khaleel Jubran

Kudos [?]: 117 [0], given: 94

Re: Student Loan is Greater than Credit Card Debt in the US!   [#permalink] 13 Sep 2011, 12:48
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