Let’s talk some numbers, because while 1.5T sounds scary, something else is going on. I’ve posted this finding before, but it seems relevant to this article: T

Let’s talk some numbers, because while 1.5T sounds scary, something else is going on. I’ve posted this finding before, but it seems relevant to this article: The median defaulter does so with a loan of Just under 10k [1]. It is worth discussing why the median defaulter is unable to pay roughly $100 per month (assuming a 10y payment plan), and how to address that issue. When viewed from this perspective, the problem does not seem insurmountable. [1] https://www.americanprogress.org/issues/education-postsecondary/reports/2017/12/14/444011/student-loan-defaulters/ https://www.americanprogress.org/issues/education-postsecond...