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The Student Loan Crisis is Crippling Borrowers and the National Economy, Says American Financial Benefits Center

Nov 20, 2018 - PR Newswire

PR Newswire

 Student loan debt is crippling not only 44 million Americans, but the economy as well. The total balance owed for student loans has reached a mind-boggling $1.5 trillion, making it the second-largest consumer debt after mortgages. The average borrower leaves college with an average of $37,172 in debt, often with no idea if their future job prospects will even allow them the ability to pay off their debt. When a degree is becoming increasingly necessary to achieve a decent st...