Sentences with phrase «of outstanding student debt»
About 5 percent of student loan borrowers owe more than $ 100,000, but they account for roughly a third of outstanding student debt.
inc.com
They subtracted the amount of outstanding student debt in the first quarter of 2006 from the amount of outstanding student loan debt in the first quarter of 2015 and divided that number by the number of seconds in a quarter and then divided that by the number of quarters between the first quarter of 2006 and first quarter of 2015.
They subtracted the amount of outstanding student debt in the first quarter of 2006 from the amount of outstanding student loan debt in the first quarter of 2015 and divided that number by the number of seconds in a quarter and then divided that by the number of quarters between the first quarter of 2006 and first quarter of 2015.
That group now holds the majority of outstanding student debt owed to the government — about $ 790 billion of the $ 1.4 trillion total at the end of 2017.
It has been estimated that the average grad now walks away owing around $ 25,000 while the total value of outstanding student debt in the United States has recently topped $ 1 trillion.
The sheer size of the outstanding student debts in the country is eroding graduates» future wealth and sapping money that could buy 155,000 new homes.
Refinancing involves taking out a single, new loan to pay off all or a portion of outstanding student debts to achieve a lower cost of borrowing, a more amenable repayment term, or a consolidation of multiple -LSB-...]
McBride points to the increasing number of seniors who are unable to retire and the overwhelming amount of outstanding student debt as a reminder that consumers must save for long - term goals.
As Fox reports, the total amount of outstanding student debt has been rising consistently for decades.