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Grappling with mounting student loan debt


Some say you cannot put a price on education. But many people who face mounting student loan debt might have a different view. WBFO's Nick Maxwell takes a closer look at an issue that continues to receive nationwide attention.


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  • Experts say this is dangerous because unlike credit card debt, student debt doesn't go away with bankruptcy. According to the New York Federal Reserve, Americans will also take out a record amount of student loans this year.
  • Total student loan debt in the U.S. will cross the 1 trillion dollar threshold in 2011, an amount that surpasses the nation's combined credit card debt. It affects how many students and graduates decide whether and where to go to school, what job to take, where to live and how to pay their bills.
  • When Morning Edition asked millennials what their concerns are, almost two-thirds responded college debt. David Greene talks to three women, who are wading through massive college debts.