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student debt

Nearly one-third (31 percent) of recent grads reported their monthly loan payments as greater than 12 percent of their income, a nearly 10 percent increase from 2000. Photo credit: Jeff J Mitchell/Getty Images

Study: Student Borrowing Continues To Skyrocket, Repayment Declines

American students continue to borrow more and more money to pay for increasing college costs, but the number of graduates paying them back is declining.


President Barack Obama greets college students at the University of Colorado Denver campus on Oct. 26, 2011 in Denver, Colo. (credit: John Moore/Getty Images)

Obama To Students: When I Married Michelle, ‘We Got Poor Together’

Wooing young voters, President Barack Obama is on a blitz to keep the cost of college loans from soaring for millions of students, taking his message to three states strategically important to his re-election bid. By taking on student debt, Obama is speaking to middle-class America and targeting an enormous burden that threatens the economic recovery.