What happens if you combine growing with enormous speed rates of tuition in universities, a snail's pace of growth in the highly paid labor market and space-scale generation of American students? - On AMarkets materials.
An increasing number of students have to say goodbye to the American dream, based on the concept that with their work and with good "crust" can make any financial and career heights. About 57% of all students millenialov regret that took such large loans for education. 1/3 of the respondents generally believe that nothing they went to receive higher education. All the same, highly qualified employment at all will not suffice. Such data are VisualCapitalist.According to some estimates, the student loan size of $ 30,000 at risk to cut $ 325,000 from the balance of the retirement account 401 (k) by the time today's students for retirement.
Schedule - Student debt dynamics vs. other loan categories over time.
At the same student loans - is the second largest immediately after mortgages. Approximately $ 1.3 trillion. Those. it is a very impressive proportion of the debt market.