STUDENT LOAN DEBT UNDERMINES MORTGAGE LENDING

The concern for all, should be the trend we are seeing in America today, where debt is incurred without a plan on how that  debt will be repaid. The basic principle of applying for debt with the promise to repay that debt is going by the wayside as people look to the government (which is funded by you and I) for a bail out of financial commitments they made. A practice that must stop if we plan on once again being a nation of principles and integrity.

Student Loan Debt Undermines Mortgage Lending
By Jessica Huseman

2 thoughts on “STUDENT LOAN DEBT UNDERMINES MORTGAGE LENDING

  1. I’m often to blogging and i in actual fact respect your content material. The piece has in fact peaks my interest. I’m going to bookmark your content material and preserve checking for brand new data.

  2. “Student debt bubble” is a good phrase to explain the current scenario. It’s been a situation where students have more debt, but their job does not pay well. If banks could help these new professionals with huge debt and not so detailed work history by providing mortgage, it could help these young graduates to own their house. Nobody wants to pay off their debt till they get old. Students should also think whether they will get appropriate result if they go for an expensive college. Government has to come forward and take some necessary action to secure the future of America.

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