Barely Half of Student Loans Are Being Repaid | Foundation for Economic Education: "Total taxpayer exposure, including government guarantees of private loans, is up to $1.2 trillion. This is larger than outstanding auto loans ($1.1 trillion) and credit card debt ($0.7 trillion). The student loan balance is also growing faster than most other types of debt: credit card debt has grown 4.3 percent over the previous year, while housing debt has grown just 0.1 percent. Of the major debt types, only auto debt grew quicker than student loans, at a rate of 12 percent."
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