RealWarrenBuffett@lemm.ee to

News@lemmy.world · 1 year ago

Auto loans could pose a bigger threat to young Americans than student loans. For the first time, the outstanding volume of auto loan debt just surpassed student loan debt.

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Auto loans could pose a bigger threat to young Americans than student loans. For the first time, the outstanding volume of auto loan debt just surpassed student loan debt.

RealWarrenBuffett@lemm.ee to

News@lemmy.world · 1 year ago

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CmdrShepard
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1 year ago
Not to mention auto loans can be discharged in bankruptcy. Try doing that with student loans and you’ll quickly find out it isn’t possible.

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