October 22, 2016

Record high student loan debt

Christian Science Monitor - A new study by the Institute for College Access and Success confirms that newly minted college graduates in the class of 2015 left school with a record high average student loan burden of $30,100. Currently, student loan debt in the United States totals nearly $1.4 trillion. For the seven-in-ten students who must borrow to go to school, debt payments can mean anything from more roommates to indefinitely postponing life decisions such as starting a family or buying a home.

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