Brookings Institution analysis on student debt becoming a farce

By Phil Hill. I have previously written about the deeply flawed Brookings Institution analysis on student debt with its oft-repeated lede:

These data indicate that typical borrowers are no worse off now than they were a generation ago …
Their data is based on the triennial Survey of Consumer Finances (SCF) by the Federal Reserve Board, with the report based on 2010 data. Read more...