- Student loan collections could resume as early as this month (May)!! Five million borrowers are in default and another four million are in late-stage delinquency. Last Chance to Conquer the Crash warned that the failure rate of student loans would rise.
- If borrowing continues forever, then deflation won’t happen. Is student-loan borrowing going to continue its upward trajectory? Not a chance. Many students who owe money cannot or will not pay, and the failure rate is rising. Deflation will wipe out most of these debts.May 6, 2025 15:13
- Read Robert Prechter's Last Chance to Conquer the Crash to see how to prepare yourself for when deflation hits.
