For Immediate Release
Eric LeCompte, Executive Director, Kate Zeller, Campaigns Director
firstname.lastname@example.org / (o) (202) 783-3566 x105 / (m) (503) 936-7553
Fed Says College Students Have More Debt than Previous Generations
WASHINGTON - A study released from the Federal Reserve Board notes that 70 percent of college students are graduating with more than $37,000 in debt.
"Student loan debt has reached crisis levels," noted Eric LeCompte who heads the religious debt watchdog, Jubilee USA Network. "Current graduates are carrying higher debts than any previous generation."
SCROLL TO CONTINUE WITH CONTENT
Never Miss a Beat.
Get our best delivered to your inbox.
The Federal Reserve Board study found that college student debt levels in 2017 were twice as high as student debt in 2004.
Our pandemic coverage is free to all. As is all of our reporting.
No paywalls. No advertising. No corporate sponsors. Since the coronavirus pandemic broke out, traffic to the Common Dreams website has gone through the roof— at times overwhelming and crashing our servers. Common Dreams is a news outlet for everyone and that’s why we have never made our readers pay for the news and never will. But if you can, please support our essential reporting today. Without Your Support We Won't Exist.
Please select a donation method: