U.S. Student Loan Debt Sets Record, Doubling Since Recession

The record student debt level is more than double the $675 billion outstanding in June 2009 when the recession ended.

By Alex Tanzi | December 17, 2018 at 08:21 AM

U.S. student loan debt outstanding reached a record $1.465 trillion last month and one particular set of borrowers is having a hard time paying back their loans, according to a Bloomberg analysis of student loan securitization data. This debt is raising fiscal risks.

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U.S. Student Loan Debt Sets Record, Doubling Since Recession

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

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U.S. Student Loan Debt Sets Record, Doubling Since Recession

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