Student Loans and Bankruptcy - Observations
Submitted by Andrew S Gustafson on September 5, 2011 - 12:19pm
Student loans are ballooning. At four-year colleges and universities, more than two thirds of students have them. An average amount as of 2008 is over $23,000. Almost all students who go to private universities have student loans.
These statistics are made worse when you realize that they are just for federal student loan debt and do not count private student loans.