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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Don Green who wrote (21275)8/27/2018 6:28:33 AM
From: elmatador1 Recommendation

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US student debt balloons past $1.5tn


student loan debt has grown by $500bn since the 2010-11 academic yea
To: John Vosilla who wrote (143182)8/27/2018 12:41:30 AM
From: elmatador of 143189
US student debt balloons past $1.5tn


student loan debt has grown by $500bn since the 2010-11 academic year


Politicians and policymakers fear rising burden is a long-term drag on US economy The overall size of US student loan debt has grown by $500bn since the 2010-11 academic year

The US student loan burden has swelled past $1.5tn despite actual lending volumes falling for more than half a decade, as struggling students fall behind on their payment plans and debt relief programmes fail to offer sufficient succour.

The overall size of US student debt has grown by $500bn since the 2010-11 academic year, according to a report by S&P Global, but the credit rating agency notes that loan origination has declined every year since then.
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