Total outstanding debts from student loans =
$1,000,000,000,000
Number of those indebted for said student loans =
40,000,000
Average debt for those indebted students (present and former) =
$25,000
Average interest rates on said debt =
3.4%
Median age for those so indebted =
33 years
Estimated number of 40+ year olds with student debt =
16,000,000
all these numbers came from here:
Richard Vedder, from his essay in the recent Imprimis, titled "Federal Student Aid and the Law of Unintended Consequences."
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment