American student debt has been tremendous, increasing steadily for years. However, a new study (showcased by Business Insider), shows a decrease in American student debt for the first time in a long time.
“This decrease in aggregate student-loan debt is the first in this sort of debt since at least the start of 2003, the furthest back the New York Fed’s data goes.”
The article notes that any decrease is a good decrease. To read the full article, visit the Business Insider site here.
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