The Associated Press reports today that the indebtedness of over 37 million American graduates now tops $1 trillion.
It’s OUR money, and the Bitemaster predicts we ain’t NEVER getting paid back.
via Students Now Over $1 Trillion In Debt « Above the Law: A Legal Web Site – News, Commentary, and Opinions on Law Firms, Lawyers, Law Schools, Law Suits, Judges and Courts + Career Resources.
A year ago, the Bitemaster predicted that we’re never going to get back the billions we loaned out for college tuition.
The bad news: The Bitemaster was right. See http://thinkprogress.org/economy/2015/04/01/3641830/corinthian-debt-strike-meeting-signals-slow-progress/
The good news: I get to say “Told you so!”