Notes to Self: Daily Reminders

  • Overlook it. If you can't overlook it, forgive it.
  • It's their life.
  • If they want advice, they'll ask for it.
  • Keep up your own interests.
  • Be enthusiastic. It beats being critical.
  • It's better to be liked than right.
  • Let them treat you to something.
  • Keep good-housekeeping tips to yourself

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« Parenting Grown Children: When a daughter and family plan to move far away | Main | Grandparenting: Getting some respect for being silly »

April 25, 2012

Emerging Adults: Putting the burden of student loans in perspective

A few days ago I posted a blog on the heavy burden our college students carry in loans. It's hard for me to get my mind around $1 trillion--the amount of outstanding student-loan debt. I found these charts on NPR's Planet Money. They give some perspective on the bubble-like growth of debt college grads are currently saddled with.

1. Americans now owe more on student loans than they owe on their credit cards.

Student debt vs. credit card and car loan debt

Source: Federal Reserve Bank of New York

Credit: Lam Thuy Vo / NPR

 

2. The amount of student debt being taken on every year has been rising rapidly for years now.

Overall Federal and Non-Federal Loans

Source: College Board

Credit: Lam Thuy Vo / NPR

 

 

Posted at 06:17 AM in adult children, college debt, college students, grown children, loans to adult children, money, student loans |

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