Student Loan Debt Hits Home for Bernanke

Jon Hilsenrath:

The most interesting anecdote to come out of Federal Reserve Chairman Ben Bernanke's semiannual testimony to Congress: His son, who is in medical school in New York, is likely to rack up $400,000 of student loan debt in the process of getting his degree.

The rapid growth of U.S. student loan debt, Mr. Bernanke said, required "careful oversight" from regulators.

The student loan tidbit wasn't the only piece of "regular guy" information Mr. Bernanke divulged in today's hearing. He also said he does his own grocery shopping.

Posted by Jim Zellmer at March 2, 2012 1:33 AM
Subscribe to this site via RSS/Atom: Newsletter signup | Send us your ideas