Student Debt Weighs Down One-Fifth of U.S. Households
September 27th, 2012Via: The Exchange:
A record number of American households carry student loan debt, while the average outstanding loan balance is the highest it’s ever been, according to a new report from the Pew Research Center. The Pew analysis found that about one out of five (19%) households, or around 22.3 million, were burdened with student debt in 2010. That figure is more than double the 9% it was in 1989, and it marks a big jump from 15% in 2007.
Related: Young U.S. Adults Flock to Parents’ Homes
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