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CT TV: College Debt How Bad Is It?

5 facts to know about the student loan debt problem. Is the college debt bubble going to cause the next recession?

1.Trillions in debt
2. Sky rocketing tuition costs
3. Sky rocketing text book costs for new editions of old books
4. Universities are money makers.
5. Default rate is the same or sometimes beyond the level of the housing bubble default rates in 2007

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Lauren von Bernuth

Lauren is one of the co-founders of Citizen Truth. She graduated with a degree in Political Economy from Tulane University. She spent the following years backpacking around the world and starting a green business in the health and wellness industry. She found her way back to politics and discovered a passion for journalism dedicated to finding the truth.

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