368%: The jump since 2007 in the measure of consumer credit held by the government comprised primarily of student loans.
By Phil Izzo
Tuesday, 18 September 2012
Number of the Week: Student Loan Bubble
368%: The jump since 2007 in the measure of consumer credit held by the government comprised primarily of student loans.
Issuance of student loans has soared in recent years, hitting $867 billion at the end of 2011, according to an analysis from theFederal Reserve Bank of New York, more than credit cards or auto loans....
368%: The jump since 2007 in the measure of consumer credit held by the government comprised primarily of student loans.
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