Tag Archives: bubble

[PODCAST] #375: College Debt – The Most Expensive Lesson of All Time?

is college worth it

Today's guest is Mike Vine, the Editor at Schiff Gold News and the Principal at Centinel Consulting. I sat down with him last week in his Portsmouth, NH office to discuss the recent paper by Addison Quale titled, "The Student Loan Bubble: Gambling with America’s Future." Episode #375 In a Nutshell: Topics: - the place for personal responsibility in the student loan debt crisis - Student loans represent the third bubble in the last 20 years, following the dot coms in the late-90s and the mortgage crisis of 2008 - there is a 300% increase in student loan debt in the last 10 years - almost 25% of all loans are in some state of non-payment (default, deference, or forbearance) ...

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