Is student loan the worst debt?

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Daphnee Bradtke asked a question: Is student loan the worst debt?
Asked By: Daphnee Bradtke
Date created: Tue, Apr 13, 2021 11:33 PM
Date updated: Wed, Jun 22, 2022 11:54 AM

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Student loan debt is now the second highest consumer debt category — second only to mortgage debt and higher than debt for both credit cards and auto loans. The Covid-19 pandemic has impacted student loans.

Student loan debt is now the second highest consumer debt category — second only to mortgage debt and higher than debt for both credit cards and auto loans… President Joe Biden paused federal student loan payments for eight months through September 30, 2021.

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