Student Loan Borrowing Shows No Signs of Decrease Despite Crisis
Bankruptcy & Debt Credit & Debt Bankruptcy & Debt Collection Bankruptcy & Debt Bankruptcy
Summary: As student loan debt reaches $1.5 trillion, it is obvious that the financial implications are going to reach much further than the individual student.
"With over 44 million borrowers in debt, that leaves a significant population unable to buy homes and cars or even put away funds for retirement. In the bigger picture, many industries can be affected. College tuition continues to rise though, and students continue to need an education, continue to need financial aid, and continue to take out loans."
Read the entire article on the official Fitzgerald & Campbell, APLC blog.