Economy: Economic News, Policy & Analysis - The Washington Post: Student loans seen as potential ‘next debt bomb’ for U.S. economy

Economy: Economic News, Policy & Analysis - The Washington Post
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Student loans seen as potential 'next debt bomb' for U.S. economy
Mar 10th 2012, 22:12

Bankruptcy lawyers have a frightening message for America: They're seeing the telltale signs of a student loan debt bubble that is placing increased financial pressure on families struggling with their children's mounting debt. According to a recent survey by the National Association of Consumer Bankruptcy Attorneys, more than 80 percent of bankruptcy lawyers have seen a substantial increase in the number of clients seeking relief from student loans in recent years.

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