The day the credit markets awake from a slumber – $1 trillion in consumer debt currently delinquent. Student debt continues to grow adding fuel to the higher education bubble...

total amount of student debt outstanding grew a whopping $30 billion in one quarter bringing the official total to $904 billion....student debt stood around $200 billion in 2000 and now quickly approaches $1 trillion.... Many public universities being strained by state finances are facing the need to increase tuition as they move away from being funded from states.
                                                      ............. My Budget 360