With more and more high school graduates opting to go to college, more and more students are forced to take out student loans to pay for their tuition.
Currently, the national student loan debt is $956 billion- up $42 billion from last quarter. But what’s the big deal? Once the students graduate and find a job, they’ll be able to quickly pay their debts back, right? Maybe not.
According to a chart released by Citi bank, while four-year college tuition is on a steep rise, earnings of college graduates is on a steady decline.
Paul Hudson | Elite.