It’s enough to frighten any college-bound student.
Total student-loan debt in the U.S. has more than doubled in the past decade, and it recently surpassed credit-card debt.
However, a recent feature on NPR says these numbers might be misleading when it comes to the average student.
Over the past decade, the average debt-load of public-college grads has only increased about 15 percent. (The average debt-load of private-college grads has increased about 29 percent.) Not inconsequential, but not catastrophic, either.
NPR reports that the overall expansion in loan debt is primarily due to a greater number of students attending college rather than bigger loans for students.
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