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Student Loans:
How Credit
is Impacted.
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In this paper we will examine the recent rise of student loan balances and the impact they have on consumer credit.
With the rise in tuition, increase in the number of people attending college, and the change in institution mix, student loan growth was inevitable. Student loan debt has topped 1.1 trillion dollars. Of concern to many, the growth rate in student debt outpaced income growth.
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