The other day I was interviewing Danielle, a 28-year-old woman I know, about her student debt. When I arrived, she had just finished crying because once again she had gotten off the phone with a debt collector who’d been pestering her to make a payment on her student loan debt. Her debt is so large that it’s like making a home loan or rental payment with her $160,000 of debt accumulated over four years of college. Not fun at all!
What are the real facts about student debt?