.....fans of powerpoint slide shows. However, sometimes............
Walter Russell Mead points to this report by Donghoon Lee on the growth of student debt. The slide deck has about twenty slides in it. Worth a quick peek.
While there is much concern about the explosive growth of the debt taken on in the pursuit of higher education, I found this slide interesting:
40% of student loans are $10,000 or less. Almost 70% of student loan balances are less than $25,000.
Just as an observation: If a debt of less than $25,000 is a crushing burden for recently graduated college students, the big problem lies with the absence of economic value of their degree, not with the debt. Just saying.