U.S. Student Debt Surpasses $1.6 Trillion - 107% Increase in a Decade

U.S. student loan debt surpassed $1.6 trillion in June 2019 according to Federal Reserve data, representing a 107% increase from approximately $772 billion at the end of 2009 and affecting some 44 million American borrowers. The milestone crystallized the student debt crisis as a systemic economic …