Thursday, March 16, 2017

Obama's legacy of student loan dependency: America has 2 million too many enrolled in college

In 1990 7.3% of the civilian noninstitutional population was enrolled in college or graduate school.

In 2016 that has grown to 8.1%.

The difference in 2016 comes to almost 2 million.

That's one reason why college tuition has exploded, along with the student loans to fund it.

Loans outstanding in 2016 are FIFTY-ONE TIMES their size in 1997.

The current balance of $1.05 trillion is an artifact of the Obama disaster, financing "education" for the chronically unemployed.

Just ask the kids using their loans to finance Spring Break. 

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