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The Secret Culprit Of America's Student Debt Crisis

Credit: Wochit News
Published on August 22, 2019 - Duration: 00:59s

The Secret Culprit Of America's Student Debt Crisis

According to Business Insider, at $1.5 trillion, the nation's student-loan debt is at an all-time high.

Households with at least one advanced degree carried 51% of overall student-loan debt in 2016.

More students in graduate school these days, but as master's degrees become more expensive, they're also borrowing more.

The theory is that graduate students can more easily pay off loans because they tend to get high-paying jobs.

But not always.

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The Secret Culprit Of America's Student Debt Crisis

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