What is the cause of the student loan debt problem and is there a solution?
The total amount of outstanding student loan debt is a number often thrown around—a staggering 1.3 trillion dollars. It’s just 2 digits and a decimal point, but in reality it’s a much larger number with huge ramifications and it’s making me see red!
Can you imagine having to write a check for:
1 Trillion 3 Hundred Billion Dollars
Breaking Student Loan Debt down:
There are 40,000,000 students who currently owe money for student loans.
Divide 1.3 billion by 40 million and you get an average of $32,500 per student. … Read more »