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70% of Millennials Believe U.S. Student Loan Debt Poses Bigger Threat to U.S. Than North Korea

Updated: July 6, 2017 at 7:23 am EST  See Comments

The year may be different, but 2017 presents many of the same vexing issues, both at home and abroad, that have plagued the United States for years

War in the Middle East rages on, Washington D.C., and the entire country for that matter, remains fiercely divided along party lines, and for every threat that is quelled, it seems three more arise.

One of the most under-talked-about problems in the U.S. right now is the student loan debt crisis. According to LendEDU, 43.3 million borrowers in the U.S. collectively hold an outstanding student loan debt totaling $1.41 trillion.

60 percent of Americans graduate college with student debt, and on average, each borrower owes $28,400. The average default rate on federal student loans sits at 11.8 percent.

The remainder of this article is available in its entirety at Lendedu

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