Do you think many people will remain with student debt for decades or perhaps life?
Funny how financial education is not taught in schools and yet we still lend hundreds of thousands of dollars to teenagers.
Debt is heavy burden on individuals. As time goes on, more people are getting post secondary education. Whether they find a job afterwards is one issue but in most cases, you can be sure they are left with a massive pile of debt. Each person is definitely different but if we look at the state level, it seems some are certainly worse than others.
Student Loans Owned and Securitized, Outstanding | FRED | St. Louis Fed
The Average Student Loan Debt in Every State | GOBankingRates
The Student Debt Crisis Is Hitting These 10 States Hard – Slide 8 | GOBankingRates