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12. August, 2019|DS News|No comments

J.P. Morgan Chase reports that student debt has doubled in the past 10 years to $1.5 trillion in 2018—second only to mortgage debt—and impacts 45 million borrowers. “Although the financial returns from a higher education degree over a lifetime typically exceed the costs, roughly 22% of student loan borrowers are in default,” the report said. …

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