recovery? what recovery?
A picture is worth a thousand words.
And that may explain this:
The Federal Reserve Bank of New York recently reported that as many as 27% of all student loan borrowers are more than 30 days past due. Recent estimates mark outstanding student loans at $900 billion- $1 trillion. (that is $243billion~$270billion student loan going 30 days overdue).
Recovery? what recovery? greenshoots have turn brown and dropped dead.
