4.44 Student Loan Crisis Statistics.pdf

Statistics Student Loan Crisis Source: Federal Reserve 1 in 4 Americans have student loan debt: An est. 44.7 Million people. Average student loan payment = $393 per month. More than 600,000 borrowers in the country are over $200,000 in student debt, and that number may continue to increase. More...

Statistics Student Loan Crisis Source: Federal Reserve 1 in 4 Americans have student loan debt: An est. 44.7 Million people. Average student loan payment = $393 per month. More than 600,000 borrowers in the country are over $200,000 in student debt, and that number may continue to increase. More than 1 million people default on their student loans each year. Nearly 40 percent of borrowers are expected to default on their student loans by 2023. ©Career and Life Skills Lessons, All Rights Reserved.