5 FACTS ABOUT STUDENT DEBT IN AMERICA

Are we actually in the midst of a “student debt crisis?” Here are five facts Adam Looney and Constantine Yannelis uncovered about student debt in America. View charts, videos and more about student debt here: http://brook.gs/1GvWIgB
  1. 1.
    Student borrowing has surged in the past several decades.
  2. 2.
    For-profit and two-year institutions are a growing part of the debt problem.
  3. 3.
    Borrowers at for-profit and two-year schools are the most likely to default on their loans.
  4. 4.
    Borrowers at for profit and two year colleges fared poorly in the job market, making it harder to pay off their loans.
  5. 5.
    (The good news:) These borrowing and default trends are not likely to continue.