The economy may be booming but it doesn’t look that way to those who have student debts. Wages are stagnating and tuition as well as interest rates are also rising. For students still in school or contemplating higher education it adds up to daunting prospects. Jerome Powell the head of the Federal Reserve is beginning to acknowledge student debt as an economic concern. For one thing the total amount of student debt is $1.5 trillion. Indeed when those young people cannot afford (more…)
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