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re: A guy goes to school just for the student loan cash
Posted on 3/3/14 at 1:33 pm to TheCaterpillar
Posted on 3/3/14 at 1:33 pm to TheCaterpillar
quote:
This student loan bubble could make the housing bubble look like childs play.
I don't know how the housing market will look in this environment. There is a group of economic producers who can't buy homes with their debt obligations so it's a two prong economic issue.
I could see at least raising the tax deduction of interest. Also, putting a cap on the income tax bomb when forgiveness happens under the ibr and similar programs.
This post was edited on 3/3/14 at 1:36 pm
1
Posted on 3/3/14 at 1:36 pm to Teddy Ruxpin
quote:
I don't know how the housing market will look in this environment. There is a group of economic earners who can't buy homes with their debt obligations so it's a two prong economic issue.
Fair.
It will be interesting to watch. There is SO much unpaid student debt.
If less people are buying the prices with go down. I am just so jealous of my brother who got his home in the trough of the housing collapse with a fixed rate mortgage of 3.5%.
I don't want a full blown economic emergency, but I wouldn't mind the economy stagnating for a few more years as I save enough for the downpayment
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