It’s no secret that, with skyrocketing tuition rates, many college graduates are leaving their Alma Maters with a degree in one hand and a pile of debt in the other. As the Wall Street Journal recently reported, student loan debt has now surpassed credit-card debt: a trend that has sparked heated debate and caused many to question the very necessity of getting a college degree if that means burying yourself in student loans.
IOU: The State of Student Debt
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