𝐓𝐡𝐞 𝐑𝐎𝐈 𝐑𝐞𝐛𝐞𝐥𝐥𝐢𝐨𝐧: 𝐒𝐭𝐮𝐝𝐞𝐧𝐭𝐬 𝐑𝐞𝐟𝐮𝐬𝐞 𝐓𝐨 𝐁𝐨𝐫𝐫𝐨𝐰, 𝐂𝐨𝐥𝐥𝐞𝐠𝐞𝐬 𝐒𝐭𝐚𝐫𝐭 𝐓𝐨 𝐅𝐨𝐥𝐝
Student loan debt did not “improve” this year. It shrank because Americans slammed the brakes on borrowing. The total number of borrowers is down from its peak in 2012. However, the amounts kept climbing up. Imagine Rome claiming victory because fewer recruits are signing up for the legions. It is not a strength. It is […]