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Students Gouged On Loans While Banks Get Free Money

Huffington Post

On Tuesday, Sallie Mae reported that student debt over the past four years has been rising faster than blood alcohol levels at a beer pong tournament. Student debt shot up 44 percent over the past four years, with the average senior now carrying a $4,100 load. It only looks to be getting worse. The average freshman already has $2,000 worth of red. That's on top of the roughly $20,000 they'll have in other college-related debt.