Essay On Student Loan Debt

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Student loan Debt and Percentages
How much student loan debt do you have? Today we are going to talk about student loan debt and how it affects Americans today and how it has changed in the last 10 yrs. Over the past 10 years the amount of student loan debt has nearly tripled. The main reason for increasing student debt is this. people finding it hard to pay off their loans than they realized. Just 10 years ago student loans stood at $240 billion. About $150 billion of the total is comprised of private student loans made by banks and other financial institutions according to a report by the Consumer Finance Protection Bureau last year. So from 10 years ago to today it has changed dramatically.
The reason student loan debt is so different then 10 years ago is because we have the Obama forgiveness plan yea so fun. Earlier in his presidency Obama announced a plan one that has become known as the Obama student loan forgiveness program- for students who were unable to complete their student loan payments or had already completed a sig...

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