Americans have racked up over $1.48 trillion in student loan debt.
The average student loan debt among the class of 2017 was $39,400, up 6% from the previous year.
The situation isn’t great, but in certain cities, it’s been revealed this situation is even more serious. A recently released study compared student loan debt to mortgage debt among borrowers that had both across…
By now you’ve probably heard that outstanding student loan debt is at more than $1 trillion. You also probably know that college tuition costs keep rising. Many college students have no choice but to borrow to afford to pay for college. This accounts for the rising student loan debt in our society, as does the idea that a higher education is a required milestone for a good job.
Student…