1. The Rise of Student Loan Debt
... 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 economy is dropping and unemployment rising, students that took out loans for school are now ... having a hard time paying it back. Also, some of the main causes of the recent increase in the amount of student loan debt is due to: the job economy and the rising ... the economy struggling, the post college job mark...
- Word Count: 1020
- Approx Pages: 4
- Grade Level: High School