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· Absolute Shockers · ECONOMY

Student Loan Stats: $867 Billion At The End Of 2011

We had spotted multiple housing stats in the past - we spotted this today:

"368%: The jump since 2007 in the measure of consumer credit held by the government comprised primarily of student loans.

Issuance of student loans has soared in recent years, hitting $867 billion at the end of 2011, according to an analysis from the Federal Reserve Bank of New York, more than credit cards or auto loans."

Statistics Source: WSJ

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