Student debt crisis enters a tipping point -- Delinquent student debt now reaching record levels as defaults spike. Paying more and earning less.

http://www.mybudget360.com/student-debt-crisis-tipping-point-total-student-debt-market-student-loan-default-rates/

The student debt bubble has now reached a tipping point. Student debt now makes up over 8% of all household debt. It is the only segment of debt that has risen since the peak of the debt crisis (all other segments are down $1.6 trillion since 2008 but student debt is up $303 billion). The big change is now being seen in spiking delinquent loans