A few days ago I posted a blog on the heavy burden our college students carry in loans. It's hard for me to get my mind around $1 trillion–the amount of outstanding student-loan debt. I found these charts on NPR's Planet Money. They give some perspective on the bubble-like growth of debt college grads are currently saddled with.
1. Americans now owe more on student loans than they owe on their credit cards.
Source: Federal Reserve Bank of New York
Credit: Lam Thuy Vo / NPR
2. The amount of student debt being taken on every year has been rising rapidly for years now.
Source: College Board
Credit: Lam Thuy Vo / NPR
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