Home > Debt Articles > The Growing Impossibility of Affordable Student Loans

The Growing Impossibility of Affordable Student Loans

Student loan debt is an impossible crisis that is the result of the divergence of society assumptions and affordability.

The chart below clearly shows how the cost of both a public and private college education, while assumed to be the path to success, is becoming out of reach.

The chart shows the inflation adjusted increases in costs and as you can clearly see, the cost of college has been accelerating higher at a faster rate than income.

The cost of college and getting an advanced education just moves out of the affordable reach of many families and that’s why today more is owed on student loans that on all credit card debt combined.

college costs

“Steve

Get Out of Debt Guy – Twitter, G+, Facebook

Need More Help?
Choice1
Choice2
Choice3

Big Hug!

Get Out of Debt Guy – Twitter, G+, Facebook

If you have a credit or debt question you’d like to ask just use the online form.

Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.You can unsubscribe at any time with just one click.After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

I promise to keep your email safe and secure.

Get My FREE Get Out of Debt Guy Newsletter

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.You can unsubscribe at any time with just one click.After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

I promise to keep your email safe and secure.