Tag Archive for: human interest

Smart, Young, and In Deep Debt

smartyoungdeepdebt

American’s owe nearly $1,000,000,000,000 worth of student loan debt.  All those zeroes? That’s $1 trillion dollars.  What portion of that is yours?  If you’re under 30, our share is somewhere around $292,000,000,000, or $292 billion.  For those between 30-39, who make up the majority of those in debt, their share is $302,000,000,000 ($302 billion).

If depressed is what you feel when you see those numbers, or when you think about what you have to pay this month in student loans, I understand.  Thinking about having to start paying back student loans after graduate school is plenty depressing.

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