The American Empire in a Changing World


Monday, October 22, 2012

''Student loans: Even military worries about rising debt''

From CSMonitor

''Some 41 percent of America's armed forces are holding student debt, according to one recent survey, and Pentagon officials say financial troubles are among the top sources of anxiety among troops -- sometimes even topping war itself.

Defense Secretary Leon Panetta told reporters that the No. 1 reason troops lose security clearances was financial troubles, which include things like overwhelming debt for mortgages, credit cards and student loans.''

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