Student loans are the only bubble still around

Studentloans are theonlybubblestillaround
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Debt deleveraging has taken place in the mortgage market as well as in the credit card market, but not in the student loans market. And that is reflected in the delinquency rates.

Student loans have now a higher delinquency rate than the other two categories. And this is only getting worse with the terrible labor market conditions.

For more see the story in Mother Jones.

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