Student Loan Support in America
In America, 45 million former and current students are in debt, owing a grand total of $1.6 trillion in student loans. In more than seven million people, one of every five borrowers fails to pay off the loans they owe, which are commonly left unpaid for a decade or longer in some cases. Student loan debt can cause a recession in the economy and cause mental distress to those who have yet to pay off their loans.