Two-thirds of 2011 grads have student debt, report finds

06/19/2013 | Huffington Post, The

Class of 2011 college graduates have student-loan debt equivalent to about 60% of their average annual income, according to a report from Congress' Joint Economic Committee. The report says two-thirds of that class of graduates have student debt. It also cites the recent increase in total student-loan debt, which jumped from $550 billion at the beginning of the recession to $1 trillion this year.

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Huffington Post, The

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