Right now Student Loan Debt has surged to over 950 Billion Dollars. Keep in mind back in 2003 it was around 250 Billion so in 9 years Student Debt has increased by 280%. Remember folks Student Loans aren't dismissed in Bankruptcy and really you can't get out of them unless you have a significant disability. Since a majority of Student Loans involve Government Money you can see where this is heading. I expect a significant amount of this Student Debt will never be paid off and the Government will be on the hook for over 1 Trillion Dollars before this is all said and done.
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