Professional Documents
Culture Documents
DEBT IN
A lifelong payment 70% of
Americans choose in order
to attend college.
AMERICA
In 2020,
45 M PEOPLE
borrowing, and
collectively owe a 65 % of students
total of 1.6 trillion graduate with
towards student student debt
loans.
Those with student
debt have $134,000
less in retirement
savings than those
40%
without student debt.
The
DELAY
of students
graduating AVERAGE
student
from a 4-year
college with making any big
purchases
loan
outstanding
student debt
including
buying a
balance is
home $34,000
As of September
2019, only 845
borrower
ABOUT 4.82 MILLION of forgiveness loan
borrowers choose a applications
payment plan of OVER were accepted
out of the 90,962
10 YEARS borrowers who
applied.