The Subprime Crisis of Student Debt

Is it really worth $100,000 in debt to graduate from a top school? And is it responsible?

"But as the economy rebounds, there is little doubt that plenty of lenders will step forward to roll the dice on desperate students, especially because the students generally can’t get rid of the debt in bankruptcy court."

The bank gets paid.

The practice is known as debt slavery.

Divinity school for the example.

Or she could take in a room-mate or three and buy a cookbook. $500/month disposable should keep her in cloths and shoes.

She can spend that real quick if she tries.