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Bernard M -- Taipei English Tutor

Bernard M - English Conversation / TOEFL / IELTS 一對一英文會話

Tuesday, February 14, 2012

Parents Snared in $100 Billion College Debt Trap Risk Retirement By Janet Lorin FROM Bloomberg


  • There are 1 trillion dollars of educational loans outstanding.
  • About 10% are from the federal government.
  • The average loan to parents who have borrowed money for their childrens' education is $37,000.
  • PLUS loans from the federal government cannot be cleared, even due to bankruptcy.

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