As "successful" as Obamacare!-----The Student Loan Debt Crisis Is About to Get Worse - Bloomberg

The Student Loan Debt Crisis Is About to Get Worse - Bloomberg:
The next generation of graduates will include more borrowers who may never be able to repay.
"...Federal student loans are the only consumer debt segment with continuous cumulative growth since the Great Recession.
As the costs of tuition and borrowing continue to rise, the result is a widening default crisis that even Fed Chairman Jerome Powell labeled as a cause for concern.
Student loans have seen almost 157 percent in cumulative growth over the last 11 years.
...All told, there’s a whopping $1.5 trillion in student loans out there (through the second quarter of 2018), marking the second-largest consumer debt segment in the country after mortgages, according to the Federal Reserve.
And the number keeps growing.
...Student loan debt currently has the highest 90+ day delinquency rate of all household debt.
More than 1 in 10 borrowers is at least 90 days delinquent..."
Read on.