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>The median student loan for all people with student loans, is a mere $13,000. = The student loan debt is close to 1.3 TRILLION in 2016, almost TWICE the credi
by jazzyk 10y ago
>The median student loan for all people with student loans, is a mere $13,000.
= The student loan debt is close to 1.3 TRILLION in 2016, almost TWICE the credit card debt (already substantial at 700 BILLION)
= With a delinquency rate of ~20% (compared to 2% in real-estate)
= The class of 2015 graduated with $35,051 in student debt on average, the most in history.
http://www.marketwatch.com/story/americas-growing-student-loan-debt-crisis-2016-01-15 http://www.marketwatch.com/story/americas-growing-student-lo...
http://www.wsj.com/articles/student-loan-delinquencies-decline-1458243801 http://www.wsj.com/articles/student-loan-delinquencies-decli...
https://www.nerdwallet.com/blog/credit-card-data/credit-card-student-loans-mortgage-debt-comparison/ https://www.nerdwallet.com/blog/credit-card-data/credit-card...