All Videos Tagged Higher (12160 Social Network) - 12160 Social Network2024-04-20T08:41:21Zhttps://12160.info/video/video/listTagged?tag=Higher&rss=yes&xn_auth=noRon Paul: Why Gold Will Explode Higher - CNBC 8/15/2013tag:12160.info,2013-08-15:2649739:Video:12894412013-08-15T23:00:59.427ZTheLasersShadowhttps://12160.info/profile/TheLasersShadow
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</a><br />There are gold bugs, gold bulls, and then there is Ron Paul. The former US Congressman, and now budding media mogul (more on that in a minute), has been down...
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</a><br />There are gold bugs, gold bulls, and then there is Ron Paul. The former US Congressman, and now budding media mogul (more on that in a minute), has been down... Trillion Dollar Student Debt Bubble | Interview with Michael Dannenbergtag:12160.info,2013-03-15:2649739:Video:11513292013-03-15T06:23:00.071ZRiahttps://12160.info/profile/Ria
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</a> <br></br>On November 27, the New York Fed reported that during the third quarter, non real-estate household debt rose 2.3%. The primary driver of that expansion -- accounting for $42 billion of the total $62 billion increase -- was student loan debt. Out of that $42 billion, only $23 billion was attributable to new student loans. The other $19 billion reflects…
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</a><br />On November 27, the New York Fed reported that during the third quarter, non real-estate household debt rose 2.3%. The primary driver of that expansion -- accounting for $42 billion of the total $62 billion increase -- was student loan debt. Out of that $42 billion, only $23 billion was attributable to new student loans. The other $19 billion reflects previously defaulted student loans that were just finding their way onto credit reports. The Fed's data indicated that the percentage of student loans over 90 days delinquent had risen to 11% during the quarter, a new all time record and up 2.1% from the previous quarter.<br />
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The delinquency rate for student loans is now higher than all other types of debt, surpassing the 90+ day delinquency rate for credit cards, which stands at around 10%.