CarpeDiem writes about this often. I didn't pay a lot of attention because the issue no longer affected me: college loans.
I assume CarpeDiem will post this story/link if it already hasn't.
The journal provides a small graph that is worth a thousand words. It shows three sources of American debt: credit card, auto loan, and student loan.
Credit card debt has been on a striking downward trend since 2008 (which I can explain if anyone cared -- no, don't ask).
Auto loans had a similarly striking downward trend between 2008 and 2011, but it now increasing, albeit slowly.
But student loan. Wow! It looks like the trend line for Bakken oil production -- about a 45-degree angle, and it's a a straight line. No recession effect on student loans, or costs, I assume.
