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Student Loan Debt > Credit Card Debt ?

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Saturday, 04 September 2010 00:00

"Total student loan debt exceeds total credit card debt in this country, with $850 billion outstanding, according to Mark Kantrowitz, publisher of FinAid.org and FastWeb.com, websites that provide information about student aid and scholarships.

Consumers owe about $828 billion in revolving credit, including credit card debt, according to seasonally adjusted numbers in a report on July credit from the Federal Reserve"  -USAtoday.com

via: Ritholtz.com

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