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Next Economy Notes - Student Loan Debt Hits A Scary Milestone
We hit a strange milestone this week - America owes a trillion dollars in student loan debt.
That's more debt than we collectively owe to credit cards.
In an extraordinarily weak job market for recent grads, the President went to North Carolina and Colorado to talk about his student loan plan yesterday. President Obama used a unique method of delivering his message.
My advice to new grads: try to get a job at Apple.
At the Next Economy Partnership Project, our research has indicated that Americans believe that clean energy should be one of the pillars of the next economy. So why are global governments subsidizing dirty energy sources over clean energy by a factor of 6 to 1?
Grover Norquist is trying to weaken clean energy standards in states.
Some economists aren't feeling great about the housing recovery.
Consumer confidence held steady in April, meaning consumers are cautiously optimistic about the state of the economy.
Healthcare debt collectors are turning to increasingly reprehensible tactics.
Finally, on an unrelated note, the Washington Post has a fun tool that predicts election results using economic indicators.
And remember to rock the red tonight!