The student debt squeeze: A look at 3 people’s budgets

The student debt squeeze: A look at 3 people’s budgets

Anastasia Usenko

Student debt is consuming an ever larger share of household budgets.
Today, more than two-thirds of college graduates have student debt, compared with less than 50% in the early 1990s. And, back then, the average balance was $9,000 – now it’s $30,000. The typical monthly bill is nearly $400. Americans are more burdened by student debt than they are by credit card or auto debt.
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