Student Loan Bubble

It looks like the next great bubble is about to collapse.  In 2008 it was the Housing Market bubble. 

Take a look at this article which references the article below that.  This is what I would refer to as the equivalent of a Reverse Mortgage.  The Reverse Mortgage was popular for a couple years before the housing bubble burst, and maybe still used today, whereby you would sell your equity in the house for a loan of money right here and now to extinquish all debt.  Then when you sold the house, you would have to pay off the reverse mortgage loan (the upfront equity payment) first, and then get whatever money was left over.

Same idea here, only it's no longer the equity of the house, it's the future equity of a slave (I mean, college student). 

http://www.zerohedge.com/news/modest-proposal-students-refuse-become-debt-slaves-opt-sell-equity-their-future-wealth-instead

http://www.economist.com/blogs/freeexchange/2012/04/education?fsrc=scn/tw/te/bl/sellingapieceofyourfuture

My guess, we have 2-3 years before the student loan bubble pops and the $1+ Trillion in student loans needs to be bailed out so it doesn't "collapse" the entire higher education system (i.e. the gov't education system).