Is there a college debt crisis in the US right now?

Yes. Nearly any statistic on the subject points to a college debt crisis. Easy access and unbridled use of College Loans has led to their meteoric growth with significant consequences for students and the economy as a whole. Growing Debt Load: Our country's students are saddled with a boat load of student debt. read more

Yes. Nearly any statistic on the subject points to a college debt crisis. Easy access and unbridled use of College Loans has led to their meteoric growth with significant consequences for students and the economy as a whole. read more

In its recent report, Aligning the Means and the Ends: How to Improve Federal Student Aid and Increase College Access and Succes, TICAS is calling for simplification and better access to information regarding student loan debt, including information on consolidating debt, and increasing students’ information to both school’s default and graduation rates. read more

Americans now owe more on their student loans than they do on their credit cards. With debt now growing at a rate of $2,853.88 per second, it will surpass $1 trillion in 2012. And neither taxpayers nor consumers can afford it. read more