Letter: Grimes will be concerned about student debt
A bill proposed in the Senate earlier this summer would have allowed recent graduates to refinance their student loans at lower interest rates. Currently, more than 40 million Americans hold student debt. The high interest rates on these loans prevent …
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High Student Loan Debt Might Not Be That Bad
According to a recent study by the Brookings Institution, 38% of U.S. adults between ages 20 and 40 have student loan debt, and the average amount of debt is about $ 19,300. This has risen steadily since the study began tracking debt levels in 1989 …
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Student loans may drag down economy
Soaring levels of student loan debt are not only burdening recent graduates but have created entire generations that aren"t able to save and invest, potentially hurting long-term economic growth. College-educated members of Generation X, those born …
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