November 18, 2024

Five Facts about Student Loans

Author: Ray Schroeder
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Kadja Yilla & David Wessel, Brookings

Americans owe about $1.5 trillion on their student loans–more than they owe on their credit cards. The increase in total student debt, stories of families struggling with six-figure loans, and the response of politicians to anxiety about student debt among young voters have turned student debt into a high-profile issue. To inform that conversation, here are five facts about student loans drawn from an event – Student loans: A look at the evidence – hosted by the Hutchins Center on Fiscal and Monetary Policy at Brookings.

https://www.brookings.edu/blog/up-front/2019/11/12/five-facts-about-student-loans/

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