Money Spent On Paying Back Student Loans Could Buy 155,000 New Homes

Money Spent On Paying Back Student Loans Could Buy 155,000 New Homes: Total outstanding student loan debt has hit record levels, recently topping $1 trillion. This can translate into a heavy financial burden on young graduates, which in turn has a big impact on the economy. The Progressive Policy Institute calculates that people under the age of 30 are spending $43.5 billion every year paying back student [...]/p