Why student debt is ‘a crisis’ for some borrowers
Clip: 10/21/2016 | 9m 44s
More than 40 million Americans carry debt from student loans.
Student debt has been a prominent topic during this year's presidential campaign, with several candidates touting plans for tuition-free college. Indeed, more than 40 million Americans carry debt from student loans, totaling around $1.3 trillion nationally. While the median debt is about $27,000, people who owe less than $10,000 are the most likely to default. Marketplace’s Lizzie O’Leary reports.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Why student debt is ‘a crisis’ for some borrowers
Clip: 10/21/2016 | 9m 44s
Student debt has been a prominent topic during this year's presidential campaign, with several candidates touting plans for tuition-free college. Indeed, more than 40 million Americans carry debt from student loans, totaling around $1.3 trillion nationally. While the median debt is about $27,000, people who owe less than $10,000 are the most likely to default. Marketplace’s Lizzie O’Leary reports.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...