There is many problems with student loans. College is a choice that everyone has but, A Lot of people have trouble paying for college. Americans owe over 1.4 trillion dollars in student loan debt. People are not making enough money to pay it back. The interest rates are going up as we speak. The longer you wait to pay you student loan debt the more interest you will have to pay. 44.2 million americans have student loan debt. The average student in 2016 had 37,172 dollars owed in student loans. 14% of 2015 graduates had jobs after graduation. Most banks have a time period called a grace period of the time you have to make your first payment of student loans. The key goal to this is that the cost of college needs to decrease.
Student loans
Student loans