Student Loans Information From Susan Orman

It seems you cannot get a simple $30,000 a year job anymore without having to pay $50,000 for a Bachelors Degree. A moratorium on the current level of student loan debt makes no sense, students still would not be able to pay them. She explains how student loan crisis is looming as the next big thing. Susan Orman says the real estate implosion and banking crisis including the credit crunch have not yet been dealt with well. She implores Congress to head this one off at the pass as our young people are being saddled with compounding interest at such a rate that very quickly the loans become insurmountable.