These Are The People Struggling The Most To Pay Back Student Loans

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By Ann Brown

In this May 20, 2013 file photo, graduates pose for photographs during commencement at Yale University in New Haven, Conn. There’s still plenty of pomp and circumstance, inspiring words from lofty speakers and tossing tassels, but today’s college graduation ceremonies include many a contemporary twist. In 1984, according to some estimates, only half of graduates had debt from college loans, averaging about $2,000. Now, two-thirds of recent bachelor’s degree recipients have outstanding student loans, with an average debt of about $27,000, according to a Pew Research Center report. (AP Photo/Jessica Hill, File)

The country is in the middle of a student loan debt crisis. The debt equals more than $1.6 trillion from more than 45 million borrowers.

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Those who default on these loans are from certain groups, and it’s not who one might suspect.

“The large debts we hear about are often taken out by graduate students — people who get an MBA Click here to read entire article

Source:: AFKINSIDER