Student loan default recoveries (FY17 Q1). U.S. federal student loan defaults totaling over 81 billion dollars have been assigned to thirty private collection agencies. DATASOURCE: Federal Student Aid. WIDGET: factgraphs.org
Tag: student debt
(Student) debt nation
Excerpt
According to the nonprofit organization Student Debt Crisis, our collective student debt as a nation is currently at $1,740,184,278,148. Education, the theoretical equalizer, has turned into yet another way that deep inequality remains entrenched in our country — as well as a partisan flashpoint. After Bernie Sanders dropped out of the presidential race, Joe Biden announced a proposal for expanded student loan forgiveness in a bid to reel in Sanders supporters. Meanwhile, President Donald Trump vetoed a major student loan forgiveness bill in May, dealing a blow to students who seek debt cancellation because they say colleges defrauded them.
US College costs
US college costs (2015). Average yearly costs for attending college or university in the United States at public, private, or for-profit institutions. DATASOURCE: National Center for Educational Statistics. WIDGET: factgraphs.org