How to Survive the Next Financial Crisis: Student Loan Debt

More from: | HackerNoon |
0

In the decade between 2006 and 2016, the overall cost of college rose 63%, increasing student loan debt by four times and and pushing the collective American student loan debt over the trillion threshold. For many students, the price of college is more than just financial; it even possibly comes at the price of adulthood.

Hearkening back to the Great Depression and Great Recession, the student loan crisis isn’t looking good these days. At $1.4 trillion, the American student loan debt is worth more than the combined value of Facebook and Microsoft, each valued at $541.5 billion and $750.6 billion respectively. For recent college grads saddled with tens of thousands of dollars in student loans, getting

(...)

Read full article » https://hackernoon.com/how-to-survive-the-next-financial-crisis-student-loan-debt-566e1ab2eec4?source=rss----3a8144eabfe3---4


About | HackerNoon |

...how hackers start their afternoons....

»Twitter: @hackernoon »Facebook: @hackernoon