More half dozen during the ten (62%) People in america which graduated school when you look at the 2019 has student loan personal debt and owe normally $28,950, considering an report released by Institute to have University Availableness and you may Success, a nonprofit classification.

It is not all bad news: Federal education loan rates features dipped lower than step three% – and lots of private student loan prices try actually down. This could create refinancing student loans an attractive choice for of a lot.Continue reading→