For people with student debt, 2020 could be the year everything changes
CNBC | Jaden Urbi
Outstanding education debt has outpaced credit card and auto debt. The average college graduate leaves school $30,000 in the red today, up from $10,000 in the 1990s.
Nearly 40% of students who took out loans in 2004 will default on their debt by 2023, according to the Education Department’s own figures released this week. Meanwhile, five years after graduation, half of borrowers…
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