Student Loans, the Next Big Threat to the U.S. Economy?

Fed economists are increasingly concerned about the surge in student loans
43 percent: Share of 25-year-old Americans in 2012 with student debt, up from 25 percent in 2003 Photograph by D. Hurst/Alamy

Tiffany Roberson works for the state of Texas as a parole officer, teaches part-time, and is living with her parents after having completed her master’s degree. She’s held off marrying her boyfriend of four years and starting a family because she owes more than $170,000 in federal and private student loans that she took out to pursue her education in criminal justice. “I’ve never gone into default,” the 30-year-old says. “What really hurts is people say I’m a bum for living at home.”

To continue reading this article you must be a Bloomberg Professional Service Subscriber.