Car And Student Loans Account For 95% Of All Consumer Credit Issued In Past Year

[Banjo]

credit issued mostly by Uncle Sam to fund car purchases and liberal educations, has exploded.

http://www.zerohedge.com/news/2013-...count-95-all-consumer-credit-issued-past-year

 

[Martinghoul]

I don't quite get how ZH knows that these loans are funding "liberal educations". Would be interested to see if there's any statistics for smth like that...