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Average student debt hits $26,600 while job outlook still bleak for college grads

A survey of mostly nonprofit public and private four-year universities released Thursday reveals that the average student debt load for 2011 graduates increased yet again to $26,600, a 5 percent increase over 2010, according to the analysis by The Institute for College Access & Success (TICAS). That is coupled with a higher-than national average unemployment rate among college graduates…

Staggering student debt the next financial crisis?

The cost of a US university degree has left people wide-eyed for decades but student debt has now mushroomed into a nightmare for Americans with potential to explode as the next major US financial crisis. Students at the University of Notre Dame in Indiana, for instance, can typically expect to…

Conservatives hating on young people for being young

If you want closed case evidence on how conservatism is mostly about sadism and mean-spiritedness, look no further than how general wingnuttery views young people. Student debt and high unemployment are major problems for the Millennials. You would think that conservatives could muster sympathy in this case, because a) the…