5 facts about student loans
One-in-four U.S. adults under 40 have student loan debt. And how much borrowers owe on student loans varies widely by education level.
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Is College Worth It?
Americans have mixed views on the importance of having a degree. 47% say the cost is worth it only if someone doesn’t have to take out loans.
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First-Generation College Graduates Lag Behind Their Peers on Key Economic Outcomes
College graduates without a college-educated parent have lower incomes and less wealth, on average, than those with a parent who has a bachelor’s or higher degree.
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The Changing Profile of Student Borrowers
In 2012, a record 69% of the nation’s new college graduates had taken out student loans to finance their education. Graduates from more affluent families are much more likely to borrow today than 20 years ago.
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By many measures, more borrowers struggling with student-loan payments
More people are having trouble keeping up with their student-loan payments than in years past, several studies show.
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5 key findings about student debt
A record 37% of young households had outstanding student loans in 2010 and a median student debt of $13,000.
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