Taxpayers Are Liable For $850 Billion In Student Loan Debt If Higher-Ed Bubble Bursts

Taxpayers Are Liable For $850 Billion In Student Loan Debt If Higher-Ed Bubble Bursts - Investors.com
With a possible higher-education bubble looming, taxpayers are on the hook for about $850 billion in student loan debt.
Exactly how much of that the federal government would have to bail out if the bubble bursts is unknown, but with delinquency and default rates rising, it could be substantial.
Yet Congress may exacerbate the problem with current efforts to maintain lower interest rates on student loans.