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PERSONAL FINANCE: Student Loan Debt Is Now The #1 Form Of Non-Mortgage Debt

In an interview with RTTNews, Chris Christopher, US Economist at IHS Global Insight, discusses the surge in student loan debt and its impacts on the economy. Student loan debt has surpassed the $1 trillion mark, becoming the highest level of non-mortgage debt that Americans hold. "More and more college graduates are putting off marriage, they're moving back to the nest…so there's less housing demand and rent is on the way up so things are awful tough," says Christopher.

To listen to the complete interview visit: http://www.rttnews.com/Media/AudioArchive.aspx?category=Interviews&Node=B10

by RTT Staff Writer

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