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As of 2011, over $1 trillion of our national debt is bound to student loans, surpassing both credit

  • Writer: info27725
    info27725
  • May 9, 2015
  • 1 min read

"By 1982, loans began to outpace grants as the largest form of student "aid," and have since exploded in prominence: as of 2011, over $1 trillion of our national debt is bound to student loans, surpassing both credit card and housing debt."

Source: Mark Miller, "Ending Crippling Student Debt," Solutions (2013): 19.

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