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Frustration over mounting student debt reaches a new high

Thirty-seven percent of households "headed by an adult younger than 40" now have student debt, according to a study by the Pew Research Center.
According to the study, that's the highest percentage on record, and the indebtedness of such a large percentage of the adult population is having serious economic ramifications.
"There is a tendency among elite opinion makers to believe that debt accrued while gaining a college degree is 'good debt,’ ” Quartz's Mark Huelsman and Sean McElwee wrote Tuesday. "Like many pundit platitudes, this assertion is grounded in fantasy, not fact."
McElwee and Huelsman take the dissenting ...


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