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 STAGFLATION & The Longest Yield Curve Inversion in History READ MORE Economists Anticipate Fed's Shift from Rate Hikes to Cuts READ MORE Upcoming Jobs and CPI Reports Crucial for Fed's Interest Rate Decision READ MORE Defying Conventional Thinking: Gold Gains Against Rising Rates and a Robust Dollar READ MORE Fidelity's Macro Guru Sees Bitcoin Reaching $6 Trillion Valuation READ MORE Add a Comment Cancel replyYour email address will not be published.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