Student Loans, National Debt & Congress- An Infographic

 

 

banking-on-education-OPTIMIZED

 

Here are just a couple key points:

— Since 2002, student debt in America has quintupled from $200 billion to $1.1 trillion
— 62% of workers aged 30-39 have insufficient resources for retirement — meaning less money on critical necessities like housing, food, and medicine
— If Congress doesn’t act by July 1st, the average student will owe an extra $2,564 — but if  Congress passes Sen. Warren’s plan, they’ll save $6,552

 

The Chart That Should Accompany All Discussions of The Debt Ceiling

…is here.