US student loans approach one trillion dollars

Jan 26, 2012

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quote, universities

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Forbes reports that outstanding student loans are approaching a trillion dollars. It’s a situation guaranteed to make any politician in the UK uncomfortable.

The figures are for the US and the article argues that many of the private-for-profit Universities are to blame for the increasing rates of defaults on loans.

Post by Jonathan Rees

Clinical academic and skin watcher at the University of Edinburgh

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