Record Number of Households Under College Debt
by Peter Graham on Jul 2, 2013 | Views: 166 | Score: 2
| Percent of Households with Outstanding Student Loan Debt | |
|---|---|
| 1989 | 9 |
| 1992 | 11 |
| 1995 | 12 |
| 1998 | 11 |
| 2001 | 12 |
| 2004 | 13 |
| 2007 | 15 |
| 2010 | 19 |
Sources:
pewresearch.org
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As of 2010, nearly one-fifth of American households held debts related to college student loans. This is over double the amount that existed in 1989, and the situation is unlikely to improve as the rate for these loans doubled in 2013.