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Wednesday, May 15, 2019

Student Debt Bubble Still Growing; Nearly 10% of Loans Delinquent

The rate of delinquency on student loan debt pushed up to 9.5% in the first quarter of 2019, even as total student loan debt climbed to $1.49 trillion according to the latest debt data from the Federal Reserve Bank of New York. Student loan debt ranks as the second-largest consumer debt category, trailing only mortgages. […]

from SchiffGold.com http://bit.ly/2WKZWq6