
IPFS News Link • Bailouts
The Subprime Crisis of Student Debt
• NY TimesMs. Munna, a 26-year-old graduate of New York University, has nearly $100,000 in student loan
debt from her four years in college, and affording the full monthly
payments would be a struggle. For much of the time since her 2005
graduation, she’s been enrolled in night school, which allows her to
defer loan payments.