Home > Uncategorized > A Record One-in-Five Households Now Owe Student Loan Debt | Pew Social & Demographic Trends

A Record One-in-Five Households Now Owe Student Loan Debt | Pew Social & Demographic Trends

September 27, 2012 Leave a comment Go to comments

About one out of five (19%) of the nation’s households owed student debt in 2010, more than double the share two decades earlier1 and a significant rise from the 15% that owed such debt in 2007, just prior to the onset of the Great Recession, according to a Pew Research Center analysis of newly available government data.

The Pew Research analysis also finds that a record 40% of all households headed by someone younger than age 35 owe such debt, by far the highest share among any age group.

via A Record One-in-Five Households Now Owe Student Loan Debt | Pew Social & Demographic Trends.

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