{"id":397626,"date":"2019-02-28T21:11:18","date_gmt":"2019-02-28T20:11:18","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/prison-planet-com-trade-jobs-exploding-as-more-elderly-crushed-under-student-loan-debt\/"},"modified":"2019-02-28T21:11:18","modified_gmt":"2019-02-28T20:11:18","slug":"prison-planet-com-trade-jobs-exploding-as-more-elderly-crushed-under-student-loan-debt","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/prison-planet-com-trade-jobs-exploding-as-more-elderly-crushed-under-student-loan-debt\/","title":{"rendered":"Prison Planet.com \u00bb Trade Jobs Exploding as More Elderly Crushed Under Student Loan Debt"},"content":{"rendered":"<div>\n<p>      <!-- START CONTENT --><\/p>\n<p>More Americans between 65 and 74 are getting delinquent on student loan debt, says study<\/p>\n<p><strong>Kit Daniels<\/strong><br \/>Prison Planet.com<br \/>Feb. 28, 2019<\/p>\n<p>Vocational jobs are roaring back into popularity as more college graduates face student loan debt well into their retirement years.<\/p>\n<div id=\"attachment_309549\" class=\"wp-caption alignnone\" style=\"width: 620px\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.prisonplanet.com\/wp-content\/uploads\/2019\/02\/022819linemen-e1551383553680.jpg\" alt=\"\" width=\"620\" height=\"326\" class=\"size-full wp-image-309549\"\/><\/p>\n<p class=\"wp-caption-text\">Credit: Maureen Sullivan \/ Getty<\/p>\n<\/div>\n<p>Despite spending the past couple decades overshadowed by white-collar careers, skilled trade jobs are now becoming lucrative to young adults who\u2019d rather \u201clearn as they earn\u201d through paid apprenticeships than go into debt prior to employment.<\/p>\n<p>Case in point, a blue-collar career site called Jobcase has just raised $100 million.<\/p>\n<p>\u201cThe company said it plans to use the money to grow Jobcase.com, an alternative for people who don\u2019t feel at home on LinkedIn, the dominant professional networking service,\u201d <a href=\"https:\/\/www.bostonglobe.com\/business\/2019\/02\/27\/jobcase-employment-site-for-blue-collar-workers-raises\/j22Bc5dlmpmG4lrLhvaHoM\/story.html\" target=\"_blank\" rel=\"noopener\">reported<\/a> the Boston Globe. \u201cJobcase says about 25 million users visit its site each month, drawn by an experience that has appealed to people including those without college degrees and those with professions such as retail, hotels, and manufacturing.\u201d<\/p>\n<p>This gives young adults a way to avoid massive debt, especially as more people carry it with them as they get older.<\/p>\n<p>Of course, when people think of this debt, they typically conjecture up a 20-something trying to pay them off, but now Americans 60 and older account for $86 billion of the debt.<!-- [donotprint] --><\/p>\n<ul class=\"ppani\">\n<li>A d v e r t i s e m e n t<\/li>\n<li\/><\/ul>\n<p><!-- [\/donotprint] --><\/p>\n<div id=\"attachment_599637\" class=\"wp-caption aligncenter\" style=\"width: 620px\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-599637\" src=\"https:\/\/www.infowars.com\/wp-content\/uploads\/2019\/02\/022819seniors.jpg\" alt=\"\" width=\"620\" height=\"326\"\/><\/p>\n<p class=\"wp-caption-text\">smartboy10 \/ Getty<\/p>\n<\/div>\n<p>Part of the problem is the loose lending standards of federal student loan programs aimed at parents which have no maximum borrowing cap.<\/p>\n<p>Naturally, this leads to a debt death spiral: the loose supply of easy money, backed by the federal government, raises tuition rates, which leads to even more debt for more Americans.<\/p>\n<p>And remember, loose lending standards helped trigger the 2008 financial collapse.<\/p>\n<p>But it\u2019s not just parents who are borrowing money for their children\u2019s tuition; older adults are now&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.prisonplanet.com\/trade-jobs-exploding-as-more-elderly-crushed-under-student-loan-debt.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>More Americans between 65 and 74 are getting delinquent on student loan debt, says study Kit DanielsPrison Planet.comFeb. 28, 2019 Vocational jobs are roaring back into popularity as more college graduates face student loan debt well into their retirement years. Credit: Maureen Sullivan \/ Getty Despite spending the past couple decades overshadowed by white-collar careers, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-397626","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/397626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=397626"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/397626\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=397626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=397626"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=397626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}