Student Loan Debt: 2021 Statistics and Outlook
The numbers are staggering-and still on the rise
Nearly one-third of all American students now have to go into debt to get through college, and the average student loan debt reached a record high of $38,792 in 2020. Collectively, they owe about $1.58 trillion as of , according to the Federal Reserve Bank of New York.
As any recent college student-or parent of a student-knows, obtaining a degree requires a much bigger financial sacrifice today than it did a generation or two ago. Over the past three decades, the average cost to attend a public four-year institution is more than three times the cost to attend a public four-year institution, and it more than doubled at both private and public four-year schools, according to the College Board. Continuar leyendo: “Student Loan Debt: 2021 Statistics and Outlook” →
Publicado el 30/3/2022 Categoría badcreditloanshelp.net payday loans online.
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