RealWarrenBuffett@lemm.eeBanned from community to News@lemmy.world · 2 years agoAuto loans could pose a bigger threat to young Americans than student loans. For the first time, the outstanding volume of auto loan debt just surpassed student loan debt.creditnews.comexternal-linkmessage-square93linkfedilinkarrow-up1291arrow-down116
arrow-up1275arrow-down1external-linkAuto loans could pose a bigger threat to young Americans than student loans. For the first time, the outstanding volume of auto loan debt just surpassed student loan debt.creditnews.comRealWarrenBuffett@lemm.eeBanned from community to News@lemmy.world · 2 years agomessage-square93linkfedilink
minus-squareTenderfootGungi@lemmy.worldlinkfedilinkarrow-up40arrow-down1·2 years agoFor the first time? Go back a generation and student loans didn’t exist.
minus-squareCmdrShepard@lemmy.onelinkfedilinkEnglisharrow-up20arrow-down1·2 years agoNot to mention auto loans can be discharged in bankruptcy. Try doing that with student loans and you’ll quickly find out it isn’t possible.
For the first time? Go back a generation and student loans didn’t exist.
Not to mention auto loans can be discharged in bankruptcy. Try doing that with student loans and you’ll quickly find out it isn’t possible.