Debt BS

 "Nearly 10 million people in the U.S. age 50 and older have student-loan debt," per WSJ.

I paused over this.....reading several times.

To be fair....debt in general is a national issue  now.

I read a piece last week.....working couple....early 30s....both own 'new' cars.....each in the range of $70,000 spent on their car.....8-year loans.  Together....they still had around $60,000 left on the loans, with 3-to-4 years left to pay.

Somewhere....probably around 2035 to 2040....there's some massive financial collapse coming.

The four 'folks' who are going to be hurt the most?

I'd say the BIG banks, four-year university operations, the car-makers, and the housing market.