FICO Research: Student Loan Explosion Hurts Other Borrowing
FICO
OCTOBER 20, 2016
Our latest research shows that: The number of US consumers aged 25-34 with student loan debt of at least $50,000 doubled from 2005 to 2015. From 2005 to 2015, the average student loan debt shot up from $5,363 to $12,951 among consumers aged 25-34. trillion and is increasing by more than $2,700 per second.
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