Friday, November 04, 2016

Time bomb-----The Facts about Student Debt

The Facts about Student Debt
Who Owns All This Student Debt?
Most student debt is owed to the federal government. The federal government offers student loans with fixed interest rates and flexible repayment plans. As of March 2016, more than 92% of all student debt was owed to the federal government. Perhaps surprisingly, only 8% was owed to private financial institutions.

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