College Debt Reaches 1 Trillion

According to the Federal Reserve Bank of New York, Americans owe more than a trillion dollars in student loans. It's a staggering figure, considering that the US Census Bureau reported in 2010 that the combined credit card debt for this country is only 886 billion dollars, so student loans take the top category as the source of the most debt for the average American. We'll take a look at how we got here.

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From: TheAlyonaShow

Related topics : student loan debt credit card / federal loan bank of new york

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From: Finance

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euronews reporter - America's generation debt

http://www.euronews.com/ In the United States, university students graduate with an average of 25,000 dollars of debt.

Today, half of those graduates are either unemployed or underemployed. Many are unable to pay back their loans. National student debt stands at one trillion dollars, that's more than credit card debt.

For this generation, there is a feeling of déjà vu, of injustice. They feel that during the subprime crisis the banks got bailed out, but students who borrowed money to get...

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From: euronews (in English)

Related topics : student loan debt credit card

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From: NBABiweekly

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I paid off over $60K in consumer credit card debt in 3 years

Guys this was completely a shock to me. I've paid off more than $60K in credit card debt in just over 3 years. This isn't something that only I can do. You can do it to. You just have to want it enough.

I do not want you all to think that I am 100% in the clear. I am still on my debt journey as I still have my husband's student loan to pay. However; I've gotten rid of the consumer debt which has brought so much of the stress in my life. It also allows me the opportunity to invest...

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From: Wealthy Wallet

Related topics : student loan debt credit card

How to Consolidate Debt with a Farm Loan

I have credit card debt, car loans, student loans and a mortgage with high interest rates and payments, can you help?

Yes, we are able to consolidate various types of debt into one new farm loan with a low interest rate. Contact a farm loan representative today at 866-929-5585 or visit us online at http://www.farmloans.com.

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From: Farm Loans by Farm Plus Financial

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Should student loan debt be forgiven?

College grad's student loan debt has surpassed $1

trillion. It has now surpassed credit card debt in the US and many

students have been frustrated when they aren't able to find jobs after

they finish college. If there are no jobs for these people how can

they pay their loans? Will forgiving student loan debt stimulate the

economy? Robert Applebaum, founder of ForgiveStudentLoanDebt.com,

helps us answer these questions.

Follow Liz on Twitter at http://twitter.com/LizWahl

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From: RT America

Related topics : student loan debt credit card

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