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Blog Archive ? Student loan debt hits record levels

-- expats
Forum Post
10/19/11 07:57
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Blog Archive ? Student loan debt hits record levels

Thank author of this post/comment19-Oct (USAToday) ' Students and workers seeking retraining are borrowing extraordinary amounts of money through federal loan programs, potentially putting a huge burden on the backs of young people looking for jobs and trying to start careers. The amount of student loans taken out last year crossed the $100 billion mark for the first time and total loans outstanding will exceed $1 trillion for the first time this year . Americans now owe more on student loans than on credit cards, reports the.

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