Park Forest, Schools

Consumer Financial Protection Bureau Finds Percentage of Borrowers with $20K in Student Debt Doubled Over Last Decade

student loans
Source: Debt.org

Record Student Debt Spurring Employers to Offer Student Loan Repayment Benefits

Washington, D.C. –(ENEWSPF)—August 17, 2017.  The Consumer Financial Protection Bureau released a new data point finding that nearly half of student loan borrowers leave school owing at least $20,000 – double the share of borrowers a decade ago. The Bureau also found that more borrowers are taking out student loans later in life, and fewer borrowers are paying down their student debt…

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