Late last year, total student loan debt in the United States reached $1 trillion, a situation that set off a lot of hand-wringing. And for the people bearing the burden of the debt, the crisis is a deeply personal one. At the time, few could have predicted that a revolution was already in the works that could someday make student… Read More
Almost two-thirds of college grads leave campus owing money on student loans. On average, their student loan tab is close to $20,000 … and growing. Student debt levels grew 8% between 2005 and 2006, while starting salaries rose by only 4%, according to the Project on Student Debt. And another 5 million or so of us take out student loans every year.