As President Obama noted in his State of the Union address in January, total student loan debt in the country is $1 trillion and now exceeds total credit card debt. What does this high level of debt mean for today’s students and recent graduates? Obama has proposed some solutions, but are they enough to fix the problem? (NOTE: If you can't see the tasks below, try using NewsiT in either the Chrome or Firefox browser.)
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What's your number?
How much student loan debt did you or will you graduate from college with? Tell us when you graduated or will graduate and which school you attended or attend. Approximately what percentage of your total college expenses were financed with loans?
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What's the impact on you?
How long will it take you to pay off your college loans? What is or will be your monthly payment? How is that affecting or how do you expect it to affect your lifestyle after graduation?
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How did you help to pay for your education?
What steps did you take to keep your college expenses as low as possible or to find other ways to pay for college (scholarships, part-time work, etc.)?
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You be the pundit: What can be done?
What else can federal and state governments do to help make college more affordable and reduce the burden of student debt?