Roughly 42.6 million Americans (16% of adults) collectively owe about $1.86 trillion in total student loan debt (federal and private loans), $1.724 trillion federally backed.
The average federal student loan debt balance is about $40,000 per borrower. About 10 million people are already in default. That number is expected to skyrocket in the current wildly inflationary economy. [Read more…] about Uncertainty, Financial Chaos Face Tens of Millions With Student Loans

















