Will Student Debt Ever Be Paid Off? - KALB-TV News Channel 5 & CBS 2

Will Student Debt Ever Be Paid Off?

Posted: Updated:

Americans' student debt now stands at one "trillion" dollars. And they might never catch up financially to peers who graduate debt-free.  

Researchers at the University of Kansas Department of Economics say the situation is contributing to the country's growing wealth gap.  They say people who graduate college saddled with debt spend years paying it off, instead of putting their earnings into investments, retirement, or buying a home.  

The amount of student debt in the United States is more than what is owed on credit cards and some other installment debt. 

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Tioga RPSO detectives make arrest in aggravated burglary

    Tioga RPSO detectives make arrest in aggravated burglary

    Tuesday, September 16 2014 12:15 PM EDT2014-09-16 16:15:57 GMT
    (KALB News Channel 5) - On September 15, 2014 at approximately 11:56 a.m., Rapides Parish Sheriff's Office deputies from the Tioga Sub-station responded to the 3200 block of Rigolette Road in Tioga in reference to a burglary that had occurred sometime in the early morning hours.More >>
    (KALB News Channel 5) - On September 15, 2014 at approximately 11:56 a.m., Rapides Parish Sheriff's Office deputies from the Tioga Sub-station responded to the 3200 block of Rigolette Road in Tioga in reference to a burglary that had occurred sometime in the early morning hours.More >>
  • 11 states confirm Enterovirus D68 cases

    11 states confirm Enterovirus D68 cases

    Tuesday, September 16 2014 11:28 AM EDT2014-09-16 15:28:04 GMT
    (CNN) -- Since mid-August, the Centers for Disease Control and Prevention has confirmed 104 cases of Enterovirus D68 in 10 states: Alabama, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Missouri and New York. Another state, Montana, also has one confirmed case, a spokesman for the state's public health department tells CNN.More >>
    (CNN) -- Since mid-August, the Centers for Disease Control and Prevention has confirmed 104 cases of Enterovirus D68 in 10 states: Alabama, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Missouri and New York. Another state, Montana, also has one confirmed case, a spokesman for the state's public health department tells CNN.More >>
  • RPSO investigates Boyce electrocution

    RPSO investigates Boyce electrocution

    Tuesday, September 16 2014 4:16 PM EDT2014-09-16 20:16:05 GMT
    BOYCE, La. (KALB News Channel 5) - At approximately 2:00 p.m., Rapides Parish Sheriff's Office received a call from the 911 Center in reference to two subjects being electrocuted in a field they were working in off of LA Highway 1200 near Boyce.More >>
    BOYCE, La. (KALB News Channel 5) - At approximately 2:00 p.m., Rapides Parish Sheriff's Office received a call from the 911 Center in reference to two subjects being electrocuted in a field they were working in off of LA Highway 1200 near Boyce.More >>
Powered by WorldNow
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KALB. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.