6/4/19: Student Loans: The Bubble Is Still Inflating

A neat chart from Bloomberg summarizing the plight of student debt overhang in the U.S. economy:

In effect, education is the most leveraged, over the recent cycle, form of household investment out there. Second to it, is only investment in health. Via https://www.healthsystemtracker.org/chart-collection/u-s-spending-healthcare-changed-time/#item-total-health-expenditures-have-increased-substantially-over-the-past-several-decades_2017: