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A multigenerational hit: Student debt traps parents and kids
by Josh Boak, AP Economics Writer
The Associated Press Translate This Article
5 October 2015
On 5 October 2015 The Associated Press reported:
America's crushing surge of student debt, now at $1.2 trillion, has bred a disturbing new phenomenon: School loans that span multiple generations within families. Weighed down by their own loans, many parents lack the means to fund their children's educations without sinking even deeper into debt. Data analyzed exclusively by The Associated Press, along with surveys about families and rising student debt loads, show that:
Global Good News service views this news as the failure of modern education and business systems.
Such 'flops' highlight the need for more intelligent, evolutionary, Natural Law based, life-supporting systems.
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Global Good News comment:
Maharishi's Vedic Approach can solve the problems reflected in the above article and in all areas of life: agriculture, business, culture, education, government, health, and world peace. For more information please visit:
Every day Global Good News documents the rise of a better quality of life dawning in the world and highlights the need for introducing Natural Law based—Total
Knowledge based—programmes to bring the support of Nature to every individual, raise the quality of life of every society, and create a lasting state of world peace.
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