Record Number Of People Defaulting On Their Student Loans, Reaching Highest Level In Almost 20 Years

According to more than a few sources cited by this Huffington Post article, one in ten people are now defaulting on their student loans, representing a “crisis level” situation. Education Secretary Arne Duncan said this news was “troubling”; if you ask me, the college experience nears ever-closer to a complete scam. Love ya, US higher education system!