The Daily Parker

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Egregiously misleading headline on CNBC

I saw this on the video monitor of an elevator I took heading back to my desk just now, and laughed out loud with all the derision I could muster (I was alone in the elevator):

This debt could force you into bankruptcy, and it’s not student loans

No shit. Student loans have huge barriers to discharge in bankruptcy in the US, so it's unlikely they would show up as "the cause" of bankruptcy actions.

I'm not sure what CNBC's goal was, but my guess is to counter the talking points from some of the Democratic primary campaigns about forgiving student loan debt.

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