Chart of the Week
With college debt outstanding now well over $1 trillion and a high percentage (some say up to 40% delinquent) there is clearly a credit bubble. The amount of college debt outstanding is up more than ten-fold in the last twelve years. While college graduates have better statistics on unemployment than those with less education, many recent college graduates have had difficulty finding employment.
Chart is discussed on video following the Read more >> jump.
This Chart of the Week involves a discussion of possible changes to improve the employment prospects of graduates. This would also have a positive impact on reducing the college debt overhang through higher rates of repayment.