
Student debt is a massive issue during the 2020 presidential campaign because of one apparent reason: There are tons of it – at least a trillion dollars of student debt, up from $250 billion back in 2004. These debentures are now the second-largest household debt after housing loans and bigger than credit card debts.
About 40 million Americans or one in every eight individuals in the country have student debentures; that is why it is a possible problem among registered voters, especially the younger generation. Listed below are some frequently asked questions about student loans?
Is going to college worth the funds even if one needs to borrow to pay for it? Or is borrowing funds to go to college a colossal mistake?
It depends on the course you are planning to get. On average, an associate or bachelor’s degree pays off pretty well in job markets; borrowing to earn …