Debt of All Kinds

We are focusing a lot of effort currently on managing the liability side of the ledger for clients . This article on student loan debt is emblematic of what is facing many in their 20's and 30's today. Fun fact- the total of all student loan debt (government backed and private) exceeds $800 billion which is fairly close to the total amount of residential mortgage debt. The big difference of course is on one hand there is an asset (the house) worth something securing the mortgage while with student loans there is only a claim on present/future earnings (which in many cases is insufficient). This is a big looming problem on the horizon that very few even realize exists.