STUDENT LOAN DEBT

Here’s what we do know about student loan debt: it’s roughly $1 trillion in size, greater than either auto or credit-card debt and second only to mortgage debt in the U.S.

Source: http://www.cnbc.com/id/47171658

Here are a few more links:

http://online.wsj.com/article/SB10001424052702303978104577364120264435092.html

http://www.reuters.com/article/2012/04/26/us-usa-colleges-debt-idUSBRE83O1JL20120426

http://www.bankruptcylawnetwork.com/is-student-loan-debt-the-next-debt-crisis-well-duh/

http://www.bloomberg.com/news/2012-04-26/how-college-students-can-work-off-their-1-trillion-debt.html

Well it's not getting a lot of coverage in the International Business Media (thanks to the Eurozone Debt Crisis perhaps), but  even CNBC has set up a page for it now.

http://www.cnbc.com/id/40682477/

Watch this space. A weak US job market  ( especially unemployed/underemployed graduates) will only add to the woes of US Student Loan Debt - Lenders!