- Antarctica Journal - https://www.antarcticajournal.com -

Most Indebted Graduating Class In History

The graduating class of 2015 is the most indebted in history, owing a total of $56 billion in student loans.  About 71 percent of college students graduating this year took out loans, at an average of $35,051 each.  In 1996, just 58 percent of students took out loans, owing less than $20,000 each at graduation.