The Student-Loan Debt Crisis
By: Rebecca Schultz If Congress does not start regulating compound interest on student loans, we could be facing our next national financial crisis. Like the mortgage crisis of 2008, when interest rates on mortgages were not being properly managed, negative amortization has led to a situation in which many student-borrowers are incapable of paying off their loans.[1] This enables the existence of situations in which … Continue reading The Student-Loan Debt Crisis