How bad is the student debt situation in America? In 2011, student loan debt reached a record high, surpassing credit card and auto loan debt. With an average student loan of nearly $27,000, it is evident that students and their parents can’t keep up with the rising college cost, and it is burdening the students and the overall economy, as well.
This infographic compiled by Online University takes a look at some grim statistics surrounding student loan and examines what the government is doing to curb student loans.
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