Loans T News Today

And the reason is simple. tuition is going up and up and up. up 6% for state schools last year alone, shep? >> shepard: and this is bad news for the economic recovery? >> well, eight out of 10 of these loans are funded by the federal government. every time somebody defaults on one of these loans t impacts our deficit. straight increase to our national deficit. had t. hits taxpayers. when people are in school they dont spend like they would if they were starting a family, having kids, buying a ho...