|Delinquent Student Loans Hit Record, 30% Of 20-24 Year Olds Are Unemployed And Not In School|
|ZeroHedge, 23/05/2013 (traduire en Français )|
Almost 30 percent of 20- to 24-year-olds aren’t employed or in school, the study found.
$1 trillion in outstanding student loans, the largest category of consumer debt besides mortgages. Borrowers say the burden is affecting their choice of jobs and their ability to buy homes and get married.
“Today’s economy puts young graduates in a difficult position,” Jack Buckley, commissioner of the National Center for Education Statistics, which published the report, said in a statement. “A college diploma no longer guarantees a direct pathway to the middle class, making it harder to justify the expense of a degree.”