Paying for College

Student Loan Debt: Consequences

I've preached (a.k.a. ranted) here about student loan debt for years. Some of you may have become immune to my blathering and no longer pay attention to my cautions. That's understandable but unfortunate in my view. The facts are apparent and easily found: National student loan debt reaches a bonkers $1.2 trillion.

That's $1,200,000,000,000. Put another way, that's about five percent of the U.S. national debt. A staggering figure.

What are the individual, personal, and practical consequences of such indebtedness? I did some research to find out and posted related information in a thread on the College Confidential discussion forum. It caused a bit of a stir.

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