Comparing Federal Student Loans to Other Household Debt is Popular -- It's Also Wrong
Category: COLLEGE
Is it really appropriate to compare student loans with mortgages, auto loans and credit card debt? If I put on my consumer hat, it feels like we should. If I put on my economics hat though, student loans seem absurdly incomparable to practically every other form of household debt.
By Carlo Salerno, ContributorHigher education economist, 2015-03-16