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Obama Admin: $1.3 Trillion In Student Debt Is Good For The Economy!
[Daily Caller] The Obama administration has released a new report arguing the massive $1.3 trillion student debt load is helping the economy.

"Investing in Higher Education: Benefits, Challenges, and the State of Student Debt" is the work of the White House Council of Economic Advisers (CEA). The 78-page report argues that, despite the widespread belief student loans are dragging down young U.S. workers, the surge in debt has actually been a boon for the United States.

"Federal student loan programs help expand access to high-quality education, which has long-lasting benefits to individuals as well as the overall macroeconomy through higher labor productivity and faster GDP growth.
Posted by: Besoeker 2016-07-20
http://www.rantburg.com/poparticle.php?ID=462350