United States

Young people facing more than $1 trillion in debt, and student loans account for most of it

Young people are facing more than $1 trillion in debt — the highest figure since the start of the global financial crisis in 2007.

Student loan debt was the biggest contributor to the $1,005,000,000,000 owed by Americans between the ages of 18 and 29 at the end of 2018, according to the New York...

Outstanding student loans in total stood at $1.46 trillion at the end of 2018.  ...