The Traderszone Network

Published in TZ Latest News 14 March, 2017 by The TZ Newswire Staff

Balance Of Student Loans In Default Soars To Over $137 Billion

Last week we noted a survey from LendEDU which found that 31% of college co-eds spend at least some portion of their student loan debt proceeds to fund week-long hedonistic, binge drinking trips to Cancun and Daytona Beach for spring break.  And, just to add insult to injury, 24% said they spend those taxpayer-subsidized loan dollars on drinking at school and 7% even splurge on drugs (see “31% Of College Students Spend Their Loans On Spring Breakread more