{"id":69463,"date":"2020-01-31T15:01:20","date_gmt":"2020-01-31T20:01:20","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=69463"},"modified":"2020-01-31T15:04:35","modified_gmt":"2020-01-31T20:04:35","slug":"student-debt-is-over-1-6-trillion-and-hardly-anyone-is-paying-down-their-loans-cox","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2020\/01\/31\/student-debt-is-over-1-6-trillion-and-hardly-anyone-is-paying-down-their-loans-cox\/","title":{"rendered":"Student debt is over $1.6 trillion and hardly anyone is paying down their loans [Cox]"},"content":{"rendered":"<p><a href=\"https:\/\/www.cnbc.com\/2020\/01\/16\/student-loan-debt-is-over-1point6-trillion-and-balances-arent-going-down.html\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Student debt is over $1.6 trillion and hardly anyone is paying down their loans<\/strong><\/a> &#8212; from cnbc.comby Jeff Cox; <em>with a shout out to Ryan Craig&#8217;s Gap Letter for this resource and the resource mentioned below<\/em><\/p>\n<p><em>Excerpts:<\/em><\/p>\n<ul>\n<li>Student loan debt totals more than $1.6 trillion and is not shrinking as few borrowers have reduced their balances, according to Moody\u2019s.<\/li>\n<li>High student loan balances are having multiple negative economic effects, such as restricting household formation, Moody\u2019s said.<\/li>\n<li>Outstanding loans total more than $1.6 trillion, more than doubling over the last decade and tripling since 2006.<\/li>\n<li>In the meantime, the burden of student loans continues to be felt with an 11% default rate that is the highest of any debt category. Education also is now second only to mortgages as the highest form of debt for all Americans.<\/li>\n<\/ul>\n<p><span style=\"color: #800000;\"><em>Also see:<\/em><\/span><\/p>\n<ul>\n<li><a href=\"https:\/\/www.prnewswire.com\/news-releases\/survey-student-loan-debt-is-a-key-factor-for-gen-z-when-making-career-decisions-300991206.html\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Survey: Student loan debt is a key factor for Gen Z when making career decisions<\/strong><\/a> &#8212; from prnewswire.com<br \/>\n<em>Gen Z&#8217;s concern over student loan debt drives them to prioritize finances over passion when making career choices<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Student debt is over $1.6 trillion and hardly anyone is paying down their loans &#8212; from cnbc.comby Jeff Cox; with a shout out to Ryan Craig&#8217;s Gap Letter for this resource and the resource mentioned below Excerpts: Student loan debt totals more than $1.6 trillion and is not shrinking as few borrowers have reduced their [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[113,115,57,3,560,480,66,206,321,445],"tags":[],"class_list":["post-69463","post","type-post","status-publish","format-standard","hentry","category-21st-century","category-colleges","category-cost-of-getting-a-degree","category-higher-education","category-parents-guardians","category-society","category-student-related","category-trends","category-united-states","category-youth"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/69463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=69463"}],"version-history":[{"count":4,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/69463\/revisions"}],"predecessor-version":[{"id":69467,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/69463\/revisions\/69467"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=69463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=69463"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=69463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}