Well, with low rates all over, more people were buying new cars. And, just like the mortgage industry mess almost a decade ago...some of those people probably shouldn't have bought them....
Student loan delinquency is up to over 11%. But, it's honestly not surprising. What with the cost of education, the lack of good paying jobs when they get out...it's a challenge to pay those student loans!
So, let's keep our older vehicles & let's get those graduates employed!
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