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High Debt, Low Information: A Survey of Student Loan Borrowers


The number of people currently holding student debt is staggering: 37 million Americans and counting. These debtors are concentrated in the younger segment of the population, as more than 60 percent of the total is between the ages of 18 and 39. This is unsurprising given that in 2010, two-thirds of graduating college seniors left school with student loan debt. Student debt is now the norm in this country for families and young people seeking post-secondary education, and because the importance of a college degree continues to grow—and tuition continues to rise—all signs point to the continued growth in the number of borrowers and the amounts borrowed. Click here to read more.