1. The Rise of Student Loan Debt
... rising to the million. As of 2013 more than one million students are graduating from public and nonprofit college. About 69% of those students will have student loan debt. Between 2004 and 2012, the number of borrowers increased by 70% from 23 million to 39 million borrowers. In the same period as the ... its feet, and unemployment is still on the rise, is getting it tougher and tougher for students to find a stable job to pay off their debt. Student loan debt has grown to $1 trillion and is now greater than credit card debt and auto debt. As the number of students graduating rises, the n...
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- Approx Pages: 4
- Grade Level: High School