Education Edition

Education Edition


$1 Trillion:

 Student Loan Debt Has Eclipsed The Trillion Dollar Figure. (Josh Mitchell And Maya Jackson-Randall, “Student-Loan Debt Tops $1 Trillion,”The Wall Street Journal, 3/22/12)

$85 Billion:

 Total Of Student Loan Past Due Balances. (Meta Brown, Andrew Haughwout, Donghoon Lee, Maricar Mabutas, And Wilbert van der Klaauw, “Grading Student Loans,” Federal Reserve Bank Of New York, 3/5/12)

$67 Billion:

 Student Loans In Default. (John Hechinger, “Obama Relies On Debt Collectors Profiting From Student Loan Woe,” Bloomberg, 3/26/12)

$1 Billion:

 Commissions Paid To Debt Collectors Over The Past Year. (John Hechinger, “Obama Relies On Debt Collectors Profiting From Student Loan Woe,” Bloomberg, 3/26/12)

14 Million:

 Young Adults That Are Unemployed Or Underemployed. (Derek Thompson, “No Country For Young Men (Or Young Women),” The Atlantic, 11/8/11)

5.7 Million:

 Americans That Have A Past-Due Student Loan Account. (Meta Brown, Andrew Haughwout, Donghoon Lee, Maricar Mabutas, And Wilbert van der Klaauw, “Grading Student Loans,” Federal Reserve Bank Of New York, 3/5/12)

1.5 Million:

 Unemployed Or Underemployed Bachelor’s Degree Holders Under The Age Of 25. (Hope Yen, “1 In 2 New Graduates Are Jobless Or Underemployed,” The Associated Press, 4/23/12)

$25,250:

 Average Student Loan Debt Today. (“Student Debt And The Class Of 2010,” Project Student Debt, 11/11)

$23,200:

 Average Student Loan Debt When Obama Assumed Office. (“Student Debt And The Class Of 2008,” Project Student Debt, 12/09)

$8,244:

 Average Tuition For An In-State Four Year College Today. (“Trends In College Pricing 2011,” College Board, 2011)

$6,585:

 The Average Tuition For An In-State Four Year College When Obama Assumed Office. (“Trends In College Pricing 2008,” College Board, 2008)

3,500:

 Jobs Lost At Sallie Mae Due To Obama’s Student Loan Takeover.(Denise Allabaugh, “Sallie Mae Goes Nasdaq,” The Times-Tribune, 12/13/11)

60%:

 Student Loan Balance Increase Over Previous Five Years. (Andrew Martin And Andrew W. Lehren, “A Generation Hobbled By The Soaring Cost Of College,” The New York Times, 5/12/12)

54%:

 Employment Rate For 18 To 24 Years Old, The Lowest Ever.(Christine Tierney and Marisa Schultz, “Young Voters Lose Enthusiasm Amid Anemic Economy,” The Detroit News, 5/16/12)

53.6%:

 Percentage Of Bachelor’s Degree Holders Under The Age Of 25 That Are Jobless Or Underemployed. (Hope Yen, “1 In 2 New Graduates Are Jobless Or Underemployed,”The Associated Press, 4/23/12)

40%:

 Graduates Who Have Delayed Life Milestones Due To Student Debt.(Andrew Martin And Andrew W. Lehren, “A Generation Hobbled By The Soaring Cost Of College,” The New York Times , 5/12/12)

30%:

 Students Loans That Have Past-Due Balances Of 30 Days Or More.(Tom Raum, “Recovery Threatened By Runaway Student Loan Debt,” The Associated Press, 4/3/12)

30%:

 Young Adults Returning To Live With Their Parents. (Husna Haq, “Three In 10 Young Adults Live With Parents, Highest Level Since 1950s,”The Christian Science Monitor, 3/15/12)

25%:

 Tuition Increase Under Obama. (“Trends In College Pricing 2008,”College Board, 2008; “Trends In College Pricing 2011,” College Board, 2011)

24.9%

 Unemployment Rate For 16 To 19 Year Olds. (BLS, Accessed 5/7/12)

18%:

 Decrease In Obama’s Approval Rating From 2009 To Today. (Philip Elliott, “Once Obama’s, Younger Voters In Play This Election,” The Associated Press, 4/25/12)

17%:

 Parents That Took Out A Loan To Finance To Pay For Their Children’s College Education. (Eric Plainin, “Student Loans Seen As Potential ‘Next Debt Bomb,’ For U.S. Economy,” The Washington Post, 3/10/12)

15.4%:

 Jobless Rate For 18 To 24 Year Olds. (Christine Tierney and Marisa Schultz, “Young Voters Lose Enthusiasm Amid Anemic Economy,” The Detroit News, 5/16/12)

14.4%:

 Unemployment Rate For Young Male Adults. (Derek Thompson, “No Country For Young Men (Or Young Women),” The Atlantic, 11/8/11)

13.2%:

 Unemployment Rate For 20 To 24 Year Olds Since Obama Took Office. (BLS, Accessed 5/7/12)

10%:

 Student Loan Borrowers Who Will Default On Their School Loans.(Andrew Martin And Andrew W. Lehren, “A Generation Hobbled By The Soaring Cost Of College,” The New York Times, 5/12/12)

$10:

 Amount An Average Grad Will Save Under Obama’s “We Can’t Wait” Order. (Daniel Indiviglio, “Obama’s Student-Loan Order Saves The Average Grad Less Than $10 A Month,” The Atlantic, 10/26/11)

7.9%

 Tuition Increase In Obama’s Second Year. (“Trends In College Pricing 2010, College Board, 2010)

7%:

 New Graduates’ Incomes Have Fallen For Each Point Increase In The Unemployment Rate. (Derek Thompson, “No Country For Young Men (Or Young Women),” The Atlantic, 11/8/11)

6.5%:

 Tuition Increase In Obama’s First Year. (“Trends In College Pricing 2009,” College Board, 2009)

6%:

 Drop In Real Earnings For Workers 18 To 24. (Christine Tierney and Marisa Schultz, “Young Voters Lose Enthusiasm Amid Anemic Economy,” The Detroit News, 5/16/12)

2:

 Votes Missed By Senator Obama On Student Loan Bill He Is Now Trying To Campaign On. (H.R. 2669, “Roll Call Vote #272” : Passed 79-12: D 48-0; R 29-18; I 1-0, 7/20/07, Obama Missed Vote; H.R. 2669, “Roll Call Vote #326”: Passed 79-12: D 44-0; R 34-12; I 1-0, 9/7/07, Obama Missed Vote)

1:

 Student Loan Provider Forced Out Of Business By Obama’s Student Loan Takeover. (Karen Sloan, “Big Law School Loan Provider Getting Out Of The Business,” The National Law Journal, 10/21/11)

0

 Median Number Of Job Offers For 2012 Graduates. (Josh Boak, “All Dressed Up And Nowhere To Work,” Politico , 5/15/12)

0

 Other People Obama Will Have Left To Blame For His Failed Higher Education Policies In 2012. (The American People, 11/6/12)

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