Education Debt Skyrockets for American Families


by Anthony Sibley (AJ) on Sep 18, 2014 | Views: 109 | Score: 1
20012013
$25,000-$50,000613
$50,001-$100,0001617
Greater Than $100,00016
Education Debt
% of American Households
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Anthony Sibley (AJ)
Anthony Sibley (AJ) on Sep 18, 2014 9:00 AM said:

While most Americans still owe less than $25,000 in debt from educational loans, college costs have persistently risen faster than income levels, and the percentage of families owing over $50,000 in education debt has nearly tripled since 2001. This surge has hit those making below $30,000 annually the hardest, whose share of education debt has doubled to nearly 25%.