Alarming Twitter Posts Show Student Debts at Crisis Point

I graduated undergrad with $38,200 in loans. To date I've paid $20,763. My balance is: $37,615.

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student debt

The student debt crisis in the United States has now outpaced the Australian GDP. Standing at around 1.5 trillion dollars, the student debt trap is crippling students for decades.

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As recessions loom and inflation rises (it tripled between 2007 and 2018) the debt crisis will only worsen. Although it’s a hot topic that’ll open some debate in the 2020 elections, the student debt crisis needs addressing now.

Here’s what some real former students have to say about the situation.

 

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