Thursday, May 17, 2012

Student Loan Debt Clock

This number is currently at $1,002,232,000,000 (over $1 trillion).  This is up from $833 billion in June 2010.  It is increasing at the rate of $2,853.88 per second, or about $7.4 billion/month.  Most of this money is owed to the Federal government and will never be repaid.

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