TB&P: Student loan borrowers face tough one-two combination

TB&P: Student loan borrowers face tough one-two combination

LITTLE ROCK, AR (KAIT) - The nearly 43 million Americans who carry student loans are having trouble paying back their loans as well as being prepared for what they may face if they borrow the money, according to a report from Talk Business & Politics.

The study from the Global Financial Literacy Excellence Center at the George Washington School of Business showed that nearly half of young Americans start their career with student debt while while 54% did not try to figure out what their monthly payments would be before taking out student loans.

However, 53% said if they had an opportunity to go back and redo the process, they would do it differently.

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