Student-loan debt continues to grow


Business Insider put up this chart based on a recent report by the Fed showing which types of debt are growing or shrinking.

Student debt is, as you guessed, keeps on growing.

Blogger Joe Weisenthal’s snarky take:

This is what it looks like when the market is so controlled and subsidized by the government, which has determined that student borrowing is A Good Thing, and can’t fall.

Of course, housing was like that too.