Since 2007, outstanding student loan debt has almost doubled from $550 billion to over $1 trillion today. Some 167,000 Americans have more than $200,000 of student loan debt.
Source: http://www.federalreserve.gov/newsevents/testimony/vermilyea20130625a.htm
Learn more about American’s spending and savings at Learning Life: http://letlearninglive.org/quiz/americans-spending-savings/
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Learning Life is a fiscally sponsored program of United Charitable Programs, a 501(c)(3) public charity. Learning Life’s mission is to inform and empower more people by spreading knowledge on the surfaces of everyday life. Learn more at our website: http://letlearninglive.org/.
