Student Loan Debts To Exceed $1 trillion

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[UPDATED] USA Today says that at some point this year, student loan debt will exceed $1 trillion, surpassing even credit card debt. Felix Salmon says the number is closer to $550 billion. Either way total student loan debt is rising as other debts have tailed off. Delinquency has increased, too, since the height of the financial crisis. It’s a huge mess. Some people have noticed that “student loan debt” comes up a… Read More

College Students Walk Out: To Support Occupy Wall St.

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EARLIER TODAY, STUDENTS FROM AT LEAST 100 COLLEGE CAMPUSES AROUND THE COUNTRY WALKED OUT OF CLASS IN A SHOW OF SOLIDARITY AND SUPPORT for the Occupy Wall Street movement.