Quoth the Raven #31 - The $1.5 Trillion Student Debt Nuclear Bomb is a Result of Dumbass Policy and Will Explode Soon

Summary: In this podcast, I go in hard on the Fed and the government for creating a $1.5 trillion ticking time bomb that won't be able to be ignored much longer: the student debt bubble. This debt will ultimately wind up - somehow - being paid for by taxpayers. The bubble would have never gotten this big if the morons in government didn't subsidize and insure the industry, causing lending and borrowing standards to drastically encourage anyone and everyone to go to college. Instead, people use their student loan money to party and pay rent - many students drop out. This debt will not be repaid and is a mini housing crisis waiting to happen again. I give the Fed the business in this podcast. All content created and owned by Quoth the Raven Research, LLC.  QTR Podcasts are always free, but some people choose to make a small recurring donation, which is gratefully accepted: https://www.patreon.com/QTRResearch All podcast content is subject to the following disclaimer: http://www.quoththeravenresearch.com/disclaimerterms-of-service/ Visit www.quoththeravenresearch.com for more on QTR.