Time – Mark Kantrowitz
“More than 25% of students who take on college debt are graduating with way too much of it, this leading expert says. And the repercussions could be lifelong. When discussing the student debt crisis, most people focus on the rapid growth in outstanding debt and several recent milestones. For example, student loan debt exceeded credit card debt in 2010 and auto loans in 2011, and it passed the $1 trillion mark in 2012. But these milestones don’t tell us much about the impact of all that debt on the students who must borrow to pay for a college education.”(more)