As of 2011, $1 trill of national debt bound to student loans, surpassing credit card & housing debt

July 14, 2015

"By 1982, loans began to outpace grants as the largest form of student "aid," and have since exploded in prominence: as of 2011, over $1 trillion of our national debt is bound to student loans, surpassing both credit card and housing debt."

 

Mark Miller, "Ending Crippling Student Debt," Solutions (2013): 19.

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