By E.B. Tucker: Casey Research
June 26, 2017
Jackie Krowen made a big mistake.
It only took a couple clicks of the mouse…but she’ll be paying for it for the rest of her life.
She racked up more than $150,000 in student loan debt to become a nurse. The average nurse in the U.S. earns $5,660 per month. After taxes and living expenses, Jackie barely scrapes by.
Jackie is the security for her loan. She can’t get rid of it. She can’t hide from it. She also can’t ever pay it off.
She says it ruined her life.
Jackie isn’t alone…42 million people have student loan debt in the U.S.
Together, they owe more than $1.3 trillion.
Today’s mountain of student loan debt cripples the U.S. economy. It buries young people in unpayable bills. It sucks hundreds of billions out of the private economy.
If you’re influencing your child or grandchild to go to college, I want you to read today’s essay very closely.