In this week’s edition of “Three on Thursday,” we delve into the current state of student loan debt in the United States—a subject that has risen to the forefront of national political discourse. With student loan debt constituting over 9% of total household debt, it stands as the second largest category of consumer debt, trailing only behind mortgages. As of the end of fiscal year 2023, total outstanding student loan debt reached a staggering $1.73 trillion, with more than 40 million unique loan recipients.

Click here to view the report