by JAZZY QUICK, Big Think
With the average student loan borrower owing in the $27,900—$50,000 range, it’s no wonder that national student loan debt in America is at a record high of $1.52 trillion. And to make that statistic worse, STEM-based degree programs are pumping out a considerable portion of the borrowers with debt, due to students taking out massive amounts of loans in order to compete in a saturated job market. A survey shared by CommonBond gave data that depicts how the technology industry might be the most affected the most by student loan debt. Currently, approximately 53% of workers have student loan debts, according to CommonBond, and of those borrows, 65% of them are paying off $50,000 or more in student loans.
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