Peter Schiff on FBN Follow The Money 11-8-10 Drowning in Debt


Peter Schiff on FBN Follow The Money 11-8-10 Drowning in Debt

May 18, 2012 11 Comments » Posted in Drowning in Debt

Drowning in Debt: US students helpless to pay off education

Drowning in Debt


A ticking time bomb of American debt. Over $830 billion are owed by college students in the US with $3 thousand more added on every second. The most traditional financial baggage for Americans was credit card debt. For the first time, debt belonging to college students has over taken that number one spot. “Students graduating in 2008, 2009 and 2010 are facing the worst job markets in a generation at least. And so you have people with more debt that we have ever seen before, who are having a harder time finding any job, let alone a job that pays them enough to somehow pay off all this debt.” Drowning in Debt, Drowning in Debt, Drowning in Debt Read More

May 17, 2012 25 Comments » Posted in Drowning in Debt