A new report from the Bipartisan Policy Center, a Washington, D.C. think tank, shows why student loan debt has ballooned 144% since 2007. Today, according to the latest student loan debt statistics, there are 45 million student loan borrowers who collectively owe $1.7 trillion of student loans. Without reform, student loan borrowers and their families will continue to be saddled with student loan debt and the federal government will be financially liable if student loan borrowers default on their student loans.

Here’s why the student loan crisis is worse than you think, what it means for your student loans, and what can be done.       Reference Zack Friedman’s article at https://www.forbes.com/sites/zackfriedman/2021/11/13/the-student-loan-crisis-is-worse-than-you-think/?sh=3f6f14c94fd2