Of the $956 billion in student-loan debt outstanding as of September, 11 percent was delinquent — up from less than 9 percent in the second quarter, and higher than the 10.5 percent of credit-card debt, which was delinquent in the third quarter. By comparison, delinquency rates on mortgages, home-equity lines of credit and auto loans stood at 5.9 percent, 4.9 percent, and 4.3 percent respectively as of September.
Thursday, November 29, 2012
Monday, November 19, 2012
43 TROUBLING FACTS ABOUT THE YOUTH UNEMPLOYMENT CRISIS
These numbers are very troubling not only for the youth of America but also for those baby boomers that are counting on the younger generations being able to afford the prior generations public debt and promised health care and public pensions.
Perhaps we might try some rethinking of what high school grads do with their time and energy right after high school?
Perhaps we might try some rethinking of what high school grads do with their time and energy right after high school?
Thursday, November 15, 2012
Another argument for more online education
Excellent piece about why we are moving too slowly towards online education and stuck in the mud
with too much of the traditional teaching methods.
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