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Journal Article
Student debt: trends and possible consequences
tudent debt in the United States totals more than $1.1 trillion, having expanded by $855 billion in the past 10 years. The rate of serious delinquency on student loans has averaged more than 11.25 percent over the past two years. Student loans are receiving increased attention from borrowers, lenders and policymakers as concerns mount over students? heavier debt loads and their potential inability to repay.