This year, for the first time in history, student loan debt outweighs credit card debt.
Outstanding student loan debt in the U.S. currently exceeds $850 billion, according to a USA Today article.
According to the article, from 2010, consumers owe about $828 billion in revolving credit, including credit card debt, according to seasonally adjusted numbers in a report on July credit from the Federal Reserve.
Eryka Wallace, a junior public relations major, said she feels getting a college education is worth the investment. Wallace is paying for her education partially with loans.
"I think that if students can't pay for it by ourselves through scholarships and our parents, then yes, its worth it," she said. Continue Reading....
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