In the first quarter of 2019, the student-loan debt reached its highest point ever. Around 44.7 million US borrowers hold a student loan, who collectively owe $1.56 trillion. Among consumer debts in the United States, it is only surpassed by mortgages.
Backgrounder Content
- What is the size of the student-loan crisis in the United States? How many borrowers have defaulted?
- Which universities and careers stand out as problematic?
- What are some private-loan alternatives to public subsidies?
- What are prominent presidential candidates promising to do about the crisis?
Download the PDF: “The US Student Debt Crisis in Numbers” (five pages)
Previous Coverage
- “Student Loans Are Exploitation in Disguise,” Epoch Times, by Fergus Hodgson
- “A Solution to Student-Loan Crisis: No More Risk-Free Loans,” Epoch Times, by Fergus Hodgson
- “Indebted Students Have Themselves to Blame,” Gold Newsletter, podcast by Fergus Hodgson with Bob Zadek
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