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POSTED ON December 18, 2019  - POSTED IN Key Gold Headlines

Even as student loan debt soars in the US, college enrollment is actually falling.

The post-secondary student headcount during the fall semester, including both graduate and undergraduate students, dropped 1.3% year-on-year, according to data released by the Student Clearing House. Enrollment in colleges and universities dropped by over 231,000 students to a total of 17.97 million.

POSTED ON December 2, 2019  - POSTED IN Original Analysis

Have you heard? The Democrats are going to fix the student loan mess! They’ve brought up the issue in almost every  Democratic Party presidential debate. All we need is a good government program and we can easily solve this $1.64 trillion problem.

Never mind that government programs caused the problem in the first place.

Just how big is the problem? And how did we get here? And most importantly, why should you care? You can get all of the details in SchiffGold’s fully updated report “The Student Loan Bubble: Gambling with America’s Future.

POSTED ON September 26, 2019  - POSTED IN Peter's Podcast

During a recent podcast, Peter Schiff talked about the student loan debacle.

In a nutshell, it’s the government’s fault.

Democratic presidential candidates have been talking about the student loan crisis. And it is indeed a crisis. The total of the outstanding student loans in the US has more than doubled since 2009 when it was $675 million. The rate of delinquency on student loan debt pushed up to 9.5% in the first quarter of 2019, even as total student loan debt climbed to $1.49 trillion. Currently American owe more than $1.5 trillion in student loan debt. That’s more than their outstanding credit card balances.

POSTED ON July 12, 2018  - POSTED IN Key Gold Headlines

Total household debt climbed to a record $13 trillion in 2017. One factor driving overall American indebtedness higher is the ever-increasing burden of student loans.

A recent article in the New York Times focused on three charts that illustrate the ever-increasing toll of the student loan bubble – and it’s not just impacting students. Parents are increasingly feeling the squeeze.

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