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Susan Tompor: Do the Math Before You Borrow the Money for College
If you’re a parent or a student, dwell on that number like it’s one of the worst report cards ever. Student loan debt has hit $1 trillion, and it’s bigger than credit card debt and auto -loan debt.
By contrast, about 40 billionaires worldwide control a little more than $1 trillion in assets, according to the Bloomberg Billionaire Index.
Source: LoanSafe