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Yep, the hidden fact of student loans is that the ones struggling to pay it off most often aren't the ones with $100k+ in student loans. Those usually graduate
by ucaetano 8y ago
Yep, the hidden fact of student loans is that the ones struggling to pay it off most often aren't the ones with $100k+ in student loans.
Those usually graduated from a mid to top tier school with a marketable degree, and won't have many issues paying the loans.
The ones struggling usually have lower amounts, and got leo-marketability degrees from for-profit or low-tier schools.
http://fortune.com/2015/12/01/student-loan-delinquent/ http://fortune.com/2015/12/01/student-loan-delinquent/
https://equitablegrowth.org/an-introduction-to-the-geography-of-student-debt/ https://equitablegrowth.org/an-introduction-to-the-geography...
But this doesn't mean that there isn't a problem. There is one, it is massive, and it is bad for society.