Why Is Student Loan Debt Treated So Differently?

In recent days, political pressure to do something about the $1.5 trillion in student debt owed to the federal government has heightened. An average of about $35,000 is owed by some 43,000 students and their parents. Interestingly, no one seems too concerned about our collective $1.2 trillion in auto debt, where the average loan stands at $32,480 for new vehicles and around $20,000 for used cars, perhaps owed by some of the same struggling people. Read Full Article »