The Phaserl


Student Loans and Stunted Growth

from Outsider Club:

All over the country, bright-eyed college students are donning their robes, accepting their diplomas, and preparing to move on to the next phase in life.

But after the commencement speeches, walks across the stages, and pictures with friends and family, reality sets in.

For those students who are graduating, it took years to reach this point. In all likelihood, it’s going to take years to pay off the student loans that have built up in that time.

And the time spent paying back those loans means the economy is going to take that much longer to recover.

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