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Student Debt: A Conundrum With Consequences

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Student loan debt is in the news. It has now become a presidential campaign issue. One 2020 presidential candidate has proposed eliminating all student loan debt. In other news, financial aid packages have arrived or will arrive for this year's crop of high school seniors accepted for enrollment this fall. Many of those packages contain hefty loan offers.

Those of you who have read my past articles know that one of my frequent topics is the consequences of heavy loan debt. Today, I'm going to discuss that topic again, this time with some numbers and facts from two authoritative sources. You don't have to believe my opinions. Dealing with hard statistics can be a revelation of another kind.

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