Monday, February 24, 2014

Yes, Student Loan Debt is a Problem [Part the Infinity]

Another article, and another day that nothing is going to be done about this.  I still think that a student loan forgiveness by the Fed buying up all the debt and torching it and free college going forward would be the best fix.  One quick note that was in there was about mortgage requirements:
especially under new mortgage rules that limit total debt for a would-be borrower to 43 percent of their annual income.
I did not know that.  I'll be getting married this year, and apparently we wouldn't qualify for a mortgage after that due primarily to student loans (boo debt!).  Good thing I've already got one (hooray debt!?!).

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