A trillion dollars. That’s roughly how much money is owed in student loans. So you can see why there’s a big push to bring cheaper online learning to the masses. Many people simply can’t afford to attend brick-and-mortar schools. But this isn’t about the future.
It’s about the past. The very expensive past.
A new infographic sheds some light on the current state of student loans. The numbers are staggering and downright disturbing. If you owe student loans, how long do you think it’ll take to pay them off?
Infographic via collegestats.org
This is really disturbing, but I know a few people that are up to their eyeballs in student loans. My boyfriend has 30,000 dollars in education expenses but he is not even done with his Associates in Science yet. I am a freshman in college and I already have 4300 dollars in loans that I had to take out. I think that by the time I finish college and go through graduate school it will be many years before I can pay off my loans.