Billionaire Warns Of Massive Crash That Will Wipe Out America’s Colleges
Veröffentlicht am 30. Dezember 2014 von Rossi in Falschgeld // 0 Kommentare
The billionaire owner of the Dallas Mavericks says America’s colleges are in serious trouble and that over a trillion dollars in student loans will put many of them out of business.
For years the federal government has been subsidizing loans, much like they did with houses ahead of the 2008 crash. This has led to increased tuition costs and lending to individuals who will more than likely never be able to pay back their student loans. The end result, according to Mark Cuban, will be a bursting of the debt bubble, a significant drop in college tuition’s, and an outright collapse of America’s institution of higher learning
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