Share to twitterThe student debt crisis has already become a key issue in the race for the Democratic nomination for the 2020 presidential election with various candidates promising to address it in one way or another. For example, Elizabeth Warren wants to make public colleges tuition-free and cancel significant chunks of student debt for large groups of borrowers while Bernie Sanders is vowing to completely abolish the mountains of debt.
52 trillion, making it the second largest form of consumer debt after mortgages.for the fourth consecutive year. It found that in 2017, an average borrower left campus with $28,288 of debts and in 2018, that increased to $28,565. The research also looked into average student loan debt per borrower at state level and the following infographic shows where the amount owed is highest and lowest.
Source: Education Headlines (educationheadlines.net)
You don’t need to borrow money for Spring Break in Cancun for five years!
The average student debt is the rough equivalent of the difference between just one-year's salary for a high school graduate vs a college graduate. Quit whining and pay your damn bills.
Forget about buying a home. You already have a mortgage on your hands
What a shame!
The average American is putting 20% of their weekly paycheck aside to pay off their student loans 🙈 We need more jobs that offer to pay off loans as a workplace benefit for America’s financial health!
And Milwaukee (Wisconsin)
Gone *Poof* All Student Debt - Globally - Now What? StarTrek That’s what, Bitches.
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