Student Loans Surpass Credit Card Debt
According to recent research, Americans now owe more in student loans than they do in credit card debt. A report by MSN Money says the reason for this shift is two-fold. For one, Americans are paying down their credit cards more these days and secondly, they’re racking up more student loan debt. The article sites [...]
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Big Changes To Student Loans
The majority of college students graduate with more than a degree– they also leave school with a big pile of debt. Here are some recent statistics:
Two out of three four-year undergraduate students left school with a degree and debt.
The average student graduated with $23,186 in debt.
Average debt has increased by $1,139 or 5.6% [...]
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