EPISODE · Dec 12, 2021 · 11 MIN
The Mounting Student Loan Crisis
from Viewpoints Radio · host Gary Price, Marty Peterson, Ebony McMorris | AURN, Evan Rook
Federal student loan debt has ballooned in recent years. In 2007, debt totaled $642 billion dollars. 14 years later, this number has risen to close to $1.7 trillion. More than 43 million Americans have student loan debt, with the average person owing around $39,000. With payments on student loans expected to restart early next year after an almost two-year freeze due to the pandemic, will more people struggle to pay back what they’ve taken out? What should students know before heading to college? Linktr.ee | Apple Podcasts | YouTube | SpotifyFacebook: @ViewpointsOnlineX: @viewpointsradioInstagram: @viewpointsradioFull ArchiveContact UsAffiliates & National Syndication Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
Federal student loan debt has ballooned in recent years. In 2007, debt totaled $642 billion dollars. 14 years later, this number has risen to close to $1.7 trillion. More than 43 million Americans have student loan debt, with the average person owing around $39,000. With payments on student loans expected to restart early next year after an almost two-year freeze due to the pandemic, will more people struggle to pay back what they’ve taken out? What should students know before heading to college?
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The Mounting Student Loan Crisis
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