Students are being exploited by crushing student loans while financiers get richer

Student loans

Financiers make billions while students are crushed by loans. Follow the money and political lobbying to see how the system is rigged. “More than 40 million Americans have student debt, totaling at least $1.7 trillion. On average, borrowers out of school owe $36,000, with a monthly payment of $680. Roughly 11 percent of borrowers are in default. Overall, indebtedness discourages …

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