Tag Archives: student debt

Student Debt Through Generations

Student Debt Through Generations

The following is a guest post.

Debt is a major issue for many Americans, especially in the aftermath of the global recession. There are many things that can cause you to go into debt but one that has been growing over time is student debt. Debt due to the cost of college tuition, housing and books has been increasing steadily as far back as the 1940s. Our current generation of college students and grads are dealing with an unprecedented amount of college and student loan debt and it looks like it is only going to get worse for future students.

Take a look at this helpful infographic that was made by the experts at Consolidated Credit. From your grandparents days in college to your kids’ education, this generational approach to student debt reveals an alarming trend that will continues to escalate in the future.