The Hidden Portion of Student-Loan Debt

By Lance Lambert. More than six years after the 2008 financial crisis, American families have reduced household debt by about $900 billion.
But one type of debt has been difficult to clear: student loans. That debt continued to grow during and after the downturn, and is now greater than both auto-loan and credit-card debt.
As of the end of 2014, outstanding student-loan debt topped $1.3 trillion. About $1.1 trillion of the total came from federal student-loan programs; the remainder was from private lenders. More...