Brookings

Five Facts About Student Loans

November 13, 2019

Americans owe about $1.5 trillion on their student loans–more than they owe on their credit cards. The increase in total student debt, stories of families struggling with six-figure loans, and the response of politicians to anxiety about student debt among young voters have turned student debt into a high-profile issue. To inform that conversation, here are five facts about student loans drawn from an event – Student loans: A look at the evidence – hosted by the Hutchins Center on Fiscal and Monetary Policy at Brookings.

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