Student Loan Debt

CREDIT ABUSE RESISTANCE EDUCATION The Evolution of care Student Logn Debt IS it Worth it? Age 30-40 years STUDENT LOAN DEBT Age 20-30 years population 14 Population 10.6 Loan Debt. Loan Debt $292 $307 Population - Millions Loạn Debt - Billions Age 40-50 years Age uorpindod 5.7 Over 60 years Population 2.2 Loan Debt. $154 Loạn Debt $43 Age 50-60 years population Loan Debt 4.6 $106 sane federd Reserve Bark of New ork. neyorfed oryskudenloandet private school public school 2010 2010 Ballooning Growth ($15,605 in cost of ($31,975 College Education 2000 2000 $27,054 1990 1990 $10,711 1980 1980) M $8,485 $21,423 $13,995 $6,381 Source: federal Reserve Bank of New york u neuyorkfed orgysudeloandeb private school costs up 血 128 % public school costs up 145% Between 1980 and 2010 Male Entry-Level College Graduate Wages Up 9% Female Entry-Level College Graduate Wages Up 19%, Tamily Income Median 44% 1,257 1,131 1,012 912 Billions 832 731 American Student Loan Debts Federal & Private 637 557 Student Loan Debt as a percentage of household debt year Total Student Logn Debt (39.6% 38.7 36.7% 22.6% 24.3% 27.6% 32.6% 34.5% 2006 07 08 09 10 11 12 13 year Sources: a.) US. Dept of Educkion Naiona Cener for Education Statistics b) Economic Policy Inskituke The Siae of nerking Amerig 1h Eion Student Loan Debt GDP of Mexico $1.2 trillion USD $1.17 trillion USD CREDIT ABUSE RESISTANCE EDUCATION powered by : care O S