A student loan bubble? Surely, you jest! I can't imagine where Moody's or anyone else could have possibly gotten that idea. Oh, right. . .
"Based on CPI data, the cost of tuition and fees has more than doubled since 2000, outstripping the inflation rate across all goods as well as the growth rates of energy, housing and healthcare costs (see Chart 7). Despite all of the attention that house prices receive, it is noteworthy that even during the housing bubble, real estate appreciation was far exceeded by the growth rate in tuition. Fears of a bubble in educational spending are not without merit."
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