[OC] Nearly 15% of U.S. families in the bottom quintile by income have outstanding student loan debt10xwannabe t1_jatg7k4 wrote
Reply to comment by atomwrangler in [OC] Nearly 15% of U.S. families in the bottom quintile by income have outstanding student loan debt by CheeryOaf
I was thinking the same, but then got to thinking. This group is likely to have the highest ratio of debt to income so that would be bad. But then again they are also likely to be the group most likely to default and be in bankruptcy for one of MANY reason so maybe it doesn't even matter that they are carrying student debt? There are so many different ways to look at this data and extrapolate the meaning.
My guess, is this is likely: 1. The group who took on HUGE predatory private loans and 2. dropped out and didn't finish college so was a total waste even taking on that debt in the first place.
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