For Immediate Release
Eric LeCompte, Executive Director, Kate Zeller, Campaigns Director
email@example.com / (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."
The Federal Reserve Board study found that college student debt levels in 2017 were twice as high as student debt in 2004.
This is the world we live in. This is the world we cover.
Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do.