The College Student Loan Debt Clock

Gary North
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June 24, 2011

You have seen the national debt clock. Now there is a college student loan debt clock.

The bankruptcy laws of the United States do not allow bankruptcy for student loans.

The horror stories keep appearing. Some of these students are trapped for life.

The average student today graduates (and 47% don't) with a debt of $23,000. Yet a student can earn a bachelor's degree for $15,000, or even $12,000.

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