NAICU - Student loan debt key issue

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Student loan debt key issue

Chicago Tribune - Column

December 30, 2011

The amount of debt that's being carried by certain consumers in this country is growing by about $2,800 a second. This credit menace is student loan debt, which is pushing $1 trillion, according to FinAid.org, a site dedicated to college financial aid information that has created a "Student Loan Debt Clock" where, if you like to be uncomfortable, you can watch this debt as it piles up, at a rate FinAid pegs at around $2,800 a second. Potential ripple effects are numerous, including whether a generation will be able to buy homes.

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