Massive Student Debt Strike Amid Loan Repayment Challenges As of mid-November, only 60% of those with federal student loans due in October have made payments. The U.S. student loan debt exceeds $1.7 trillion, surpassing credit card and auto loan debts, with the average loan balance at graduation now around $30,000, up from $10,000 in the 1990s. Astra Taylor, co-founder of the Debt Collective, describes the situation where 40% of borrowers haven’t paid as a “massive student debt strike.” « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Turkish Central Bank Fortifies Reserves: July Sees 3.5% Boost to $147.9 Billion READ MORE UBS: Gold to See Higher Highs, Higher Lows READ MORE Fund Managers Shy Away from Gold Despite Record Prices READ MORE Rate Cuts Are a Good Environment for Gold Investment, Says World Gold Council’s Joe Cavatoni READ MORE Vietnam Sees Stores Packed with Gold Traders READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment