Permanent debt bondage from America’s student loan racket

posted by
January 6, 2011
by Stephen Lendman  
Posted in Commentary, PND Commentary

"The numbers are staggering -- $96 billion loaned annually to attend college, graduate, trade or professional schools, excluding "shadow" borrowing. It includes tapping home equity, retirement accounts, other sources, and credit cards. A 2005 Smith College survey found 23% of students use plastic for college tuition and fees. In the past decade, student loan debt ballooned over four-fold." (01/07/11)  

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