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IPFS News Link • Student Loans/Debt

Wall Street Is Now Buying College Students Like Stocks

•, by Tyler Durden

Equitizing students was the topic of an in-depth Bloomberg Businessweek look into the details of what Americans are doing to combat the $1.6 trillion in higher education debt that they owe. Specifically, the article followed the path of 23 year old Amy Wroblewski, who has been literally turning over a set percentage of her salary to investors - and will do so for the 8 1/2 years after graduating college. 

Wroblewski makes about $50,000 a year as a higher education recruiter and surrenders about $279 a month to investors who helped pay for her tuition. If she winds up doing extremely well in her field, she may wind up paying twice as much. But if she loses her job, she won't have to pay anything and investors will be stuck with the bill until she finds work.