I'm not young and it's plaguing me, 25 more years of payments,,,
,,, “When wage growth is slow and jobs are not as plentiful as they once were, it is impossible for individuals to continue taking out ever-larger student loans without greatly increasing the risk of default. There is no way around that harsh reality.”
[,,,]
At the same time, the average loan balances also continue to skyrocket indicating that school costs are growing even more out of reach for the average student. According to the report, "in 2005, the average U.S. student loan debt was $17,233. By 2012, it had ballooned to more than $27,253 – an increase of 58 percent in seven years."
Student Loan Delinquencies Skyrocket Signaling 'Latest Red Flag' | Common Dreams
No comments:
Post a Comment