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us debt

$1.3 Trillion Owed in Student Loans

January 25, 2016 by Archived posts 2 Comments

By Crystal Norman |Staff Writer| College students in the US leave campus on graduation day with an average of $35,000 in student loan debt, adding up to 1.3 trillion dollars nation wide in 2016, according to businessinsider.com According to USnews.com, college graduates have the misconception that their student loans will take them 10 years to pay off, but currently, the average bachelor degree takes 21 years to pay off. With the rise of tuition and a bachelor degree being a standard requirement and the US student loan debts are assumed to increase as are the years needed to pay them off, according to CNBC.com. This leaves people questioning whether or not it will get … [Read more...] about $1.3 Trillion Owed in Student Loans

Filed Under: News Tagged With: 1.3 trillion, college debt, csusb, student debt, studentloans, students, us debt

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