October 31, 2014
Infographic: What You Could Buy with the Nation’s Student Loan Debt
According to the Institute for College Access and Success, the average student loan borrower will be about $26,600 in the hole upon graduation. Furthermore, according to the Consumer Financial Protection Bureau, total student loan debt is more than $1.2 trillion. Have you ever wondered what you could buy with all the student loan debt in the United States? Well, wonder no more. Personal finance website Debt.com has released a new infographic showing exactly what you could purchase if someone owed you $1 trillion. Think iced-out Rollies and private celebrity concerts. But remember, this is just for fun. If you really do happen to inherit a large sum of money, make sure you’re responsible and continue to live within your means.
Living Large On America’s Student Loan Debt – An infographic by the team at Debt.com