US Household Debt Surpasses 2008 High
I don&#x27;t know if it&#x27;s a &quot;bubble&quot; (I am not qualified to say that), but I can&#x27;t imagine that the current trend with student loans will continue. Looking at the numbers for someone entering college in 2017, it feels nearly predatory what a good portion of private and out of state colleges are charging. Even with financial aid, $30-40k a year for 4-5 years is insane.<p>I was fortunate enough to have parents who made saving for my college a priority, but watching them go through the same dance with my younger brother makes me wonder how most people get it done.<p>There&#x27;s a huge value in going to higher education, but the ever increasing cost and amount of debt people are taking on is setting everyone but the top 10% of graduates up for a life of being in debt, which is kind of horrifying. Especially since they are debts that are impossible to shed through bankruptcy.