Student-loan delinquencies rise, adding to fears of an education bubble


While the job market remains sluggish, student loan debt continues to rise, fueling fears that a higher-education spending bubble may be underway, the Huffington Post reports. Outstanding student debt has climbed 25 percent since the start of the financial crisis in 2008, according to the Federal Reserve Bank of New York–an increase from $440 billion then to $550 billion now. By contrast, every other major category of consumer debt, including mortgage debt, credit card debt, auto loans and home equity loans, is lower today than it was in the fall of 2008…

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