The Huffington Post – Bonnie Kavoussi
“The student loan debt market is now “too big to fail”, says Rohit Chopra, the student loan ombudsman for the newly created Consumer Finance Protection Bureau….Students borrowed $117 billion in just federal student loans last year. And students continue to borrow private student loans, which lack the income-based repayment and deferment options of federal student loans. If current trends continue, there will be consequences not just for young people, but for all of us.”(more)