Whether you have kids headed to college, in college, just graduated, or if you have no college-bound grads at all, the following micro-documentary from Crush The Street explains that the coming college meltdown will have dire consequences for the entire economy.
Today in America the overburdening debt and shrinking jobs market is exposing the ugly consequences of the reality that mindless attendance to higher education has drastic consequences for millions of students.
The economic situation is so dire… data was just released that showed at least half the students defaulted… did not pay off one penny of their student loan debt within seven whole years at more than 1000 colleges and trade schools… this is higher than ever recorded… and an obvious sign of economic crisis waiting to happen.
A Must Watch: The College Meltdown (via Crush The Street):
Courtesy of SHTFplan.com