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BLOOMBERG Bloomberg Bottom Line June 9, 2014

30,000. Americans old more on Student Loans than they do on credit cards. The average here is that they have just been doing what they are supposed to do. I cannot tell you how many letters i got people say that they have done what they were supposed to and they want to pay off their debt and they are working hard, but they cant make ends meet. Somebody plays by the rules, they should not be punished for it. Ashley, inan named santa fe, wrote me a letter and wanted me to know that she is young, ambitious, proud of the degree that she earned, and she said i am the future. So put am in capital letters that i would know she means business. [laughter] she told me that because of her Student Loan Debt, she is worried she will never be able to buy a car or a house. She wrote i am not even 30 and i have given up on my future because i cannot afford to have one. I wrote her back an ....

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