Make no mistake, this information has been carved from my own experiences of going through
a serious debt crisis of my own.
Not exact matches
It is also a sign of how
serious the student
debt crisis has become.
I'm optimistic that the
crisis will be
serious enough to break up the eurozone and create a new, more socialist order in which
debts are written down — and with them, the «bad savings» of the financial elites that are seeking to do to Europe what the Roman Empire did when it reduced Western Europe to feudalism.
«The student loan
debt crisis is having a
serious impact on our economy, the largest since the mortgage foreclosure
crisis,» contends Illinois Attorney General Lisa Madigan, whose office has been tracking the student loan industry for years and drafted the bill that Rauner spiked.
«We have a
debt crisis, but we also have a very, very
serious jobs
crisis.
Since the financial
crisis, we've endured rumours of a double - dip recession, a downgrade of US
debt,
serious macro problems in Europe, and the fiscal cliff.
A result like this just goes to show just how
serious the student loan
debt crisis in the U.S. has become.
The fact that virtually half of them believe the student loan
crisis is a more
serious threat to the U.S. than global warming, which may wipe out entire cities, is a telling indication of the severity of this country's educational
debts.
That being said, more than two times the amount of millennials still believe the student loan
crisis poses a bigger threat to the U.S. than the rogue regime of North Korea, a testament to just how
serious this nation's student loan
debt crisis is.
Without a solution to the crippling level of medical
debt incurred by the average American suffering a
serious illness or injury, no bankruptcy reform will eliminate the
crises that drive these victims into filing bankruptcy.
Might
debt and bad financial institutions create a political
crisis serious enough to threaten the legitimacy of the regime?