Is student debt looming over you? If so, you are far from alone.
According to a recent article by CNBC.com, American student debt levels continue to climb.
“Over the last decade, college-loan balances in the United States have jumped more than $833 billion to reach an all-time high of $1.4 trillion, according to a recent report by Experian.”
. . .
“Currently, about 13 percent of the country’s population carries at least one student loan, Experian said, although it’s increasingly common to have more. The average number of loans is 3.7 per person, up from 2.4 per person 10 years ago.”
The article continues by breaking down student debt levels by generation, and debt per student ratios.
To read the full article, visit the CNBC site here.
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