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US Student Loan Debt Hits Record $1.46 Trillion

U.S. student loan debt outstanding reached a record $1.465 trillion last month and one particular set of borrowers is having a hard time paying back their loans, according to a Bloomberg analysis of student loan securitization data. This debt is raising fiscal risks. The record student debt level is more than double the $675 billion outstanding in June 2009 when the recession ended.

— source bloomberg.com | Dec 17, 2018

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