Student debt in America amounts to over $1.5trn
Feb 22nd 2020ON FEBRUARY 18TH Mike Bloomberg became the latest Democratic presidential candidate to promise to tackle student debt in America. The stock of loans amounts to over $1.5trn, around 7% of GDP. Fully 45m Americans owe an average of $37,000; a fifth are struggling to make repayments. Despite making up 56% of the student population, women owe two-thirds of total debt.â– This article appeared in the Finance and economics section of the print edition under the headline “Student debt in America amounts to over $1.5trn”Reuse this contentThe Trust Project
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