Student Loan vs. Credit Card Debt in US

by Jacob Jedamus-Denu on Apr 13, 2014 | Views: 281 | Score: 3
Total US debt
Credit card debt854.2
Student loan debt1115.3
$ in billions
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Jacob Jedamus-Denu
Jacob Jedamus-Denu on Apr 11, 2014 8:50 PM said:

Student loan debt increased 13.9% in the United States from 2013 to 2014. It now outweighs total US credit card debt. William Elliot, director of the Assets and Education Initiative at the University of Kansas, says young adults are putting drag on the economy by not investing in markets because of their student loan debt.

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