Millions of Americans Cannot Pay Back their Student Loan Debt

AmeriTech Financial 2016-07-07

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The Department of Education has released a report that exposes billions of dollars of unpaid student loan debt. The data reveals that more than 40% of Americans are not paying back their student loans. This translates into a combined value of over $200 billion of unpaid student loan debt. Of these borrowers, about 3.6 million have been placed in default with a value of $56 million in debt. 22 million Americans have borrowed money to attend college. https://www.ameritechfinancial.com/americans-cannot-financially-keep/

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