A brief overview of the student debt crisis

A brief overview of the student debt crisis

The ongoing student debt crisis is a complex issue resulting from many social and economic developments in the past few decades. Student debt has been increasing rapidly since 2000, from less than 250 billion to over 1.3 trillion today — and showing no signs of...
What is the student debt crisis?

What is the student debt crisis?

Aside from mortgages, what is the most common source of debt in the US? No, it’s not credit card debt, nor is it auto loan debt. You may have guessed from the title of this post, it’s student loan debt, which now totals over 1.3 trillion dollars in the...
Understanding the student debt crisis

Understanding the student debt crisis

According to a recent article in TIME magazine, more than 25 percent of students with debt are graduating with way too much of it. And it concludes the consequences of this debt could be lifelong, and postpone major life events like financial independence and...