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Measuring Student Debt and Its Performance PDF

Student debt has been in the news lately, and for good reason. Student debt more than doubled between 2004 and 2012, increasing from about 350 million dollars to just shy of one trillion dollars. In 2008, student debt was the smallest of household debts. Today, among household debt, student debt is second only to mortgages, and it has surpassed credit cards. What happened? This Staff Report from...

https://www.newyorkfed.org/medialibrary/media/research/staff...