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Life with big student debt: tales from four college graduates
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Life with student debt: tales from 4 college grads
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The cost of a college education in the US has soared in the past decade, rising much faster than inflation. The result: More students everywhere are borrowing – so much so that cumulative student loan debt now tops $1 trillion, more than American consumers owe on credit cards.
Two-thirds of today's college graduates have debt, and many now have monthly payments of $700 or more. How do they swing it? Here are the student debt stories of four people who graduated within the past 15 years.
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College costs have soared in the past decade, rising much faster than inflation. The result: More students borrow – so much so that cumulative student loan debt now tops $1 trillion, more than Americans owe on credit cards. Some grads pay $700 or more a month. How do they swing it?
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By Amanda Paulson, Staff writer
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