Households with student debt at record high

If you're still struggling to pay off those college and grad school loans, you're not alone, and the recession has made it worse.

In fact, a new report by the Pew Research Foundation finds a record one in five households now owe student loan debt.

That's more than double the number of households that owed student loans just twenty years ago, and it’s a steep rise from 2007, just before the recession hit.

Since then, student debt has gone up in nearly every demographic and economic category,

The average household balance due has gone from just over $23,000 in 2007 to almost $27,000 in 2010.


KKCO firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKCO 11News.

powered by Disqus
KKCO NBC 11 News 2531 Blichmann Avenue Grand Junction, CO 81505 Station Phone: 970.243.1111 Business Fax: 970.243.1770 Newsroom Fax: 970.245.3793 News Tip & Contest Line: 970.255.8477
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 171526311 - nbc11news.com/a?a=171526311