Tuesday, November 13, 2018

Buried in Debt: A national survey report on the state of student loan borrowers in 2018 - Meet Summer

Current student loan figures are startling: 44 million Americans are in repayment for $1.5 trillion in outstanding student loans, a total debt size that’s tripled since 2005. While the average debt load per borrower has surged over the last two decades, the real wages of young graduates have decreased by 2.5% since 2000––pushing many borrowers onto a financial tightrope. https://www.meetsummer.org/share/Summer-Student-Debt-Crisis-Buried-in-Debt-Report-Nov-2018.pdf