Student loan debt in 2019
- About 1 out of 3 adults age 30 or younger have student loan debt.
- In 2016, the students who attend higher education tend to owe more money.
- Young college graduates who have student loans are more likely to face financial difficulties than those without loans.
- Young college graduates who have student loans are more likely to live in a higher-income family than those without a bachelor’s degree.
- Compared with young adults who don’t have student debt, student loan holders are less upbeat about the value of their degree.
Sources:
- https://youtu.be/9-2MvZ-M8LY
- https://www.americanprogress.org/issues/education-postsecondary/reports/2019/06/12/470893/addressing-1-5-trillion-federal-student-loan-debt/