When you’re evidence towards the rapid development of the latest student loan business features raised issues about the results of your own associated debt burden into young generations from You
To handle this matter, we look at styles in the homeownership, vehicle debt, and total credit at the practical period of entryway towards casing and you may vehicle markets to own You.S. workers.
Just like the found in the fresh graph lower than, new share out of twenty-five-year-olds that have student financial obligation has increased regarding merely 25 % when you look at the 2003 so you’re able to 43% when you look at the 2012. (more…)