Forget Stats. This Says Everything About Student Loan Debt.

by
Lauren Burgoon
A simple video puts student loan burdens into focus without a bunch of numbers or political chatter.

Student loan debt in the U.S. is no joke. It's drowning new graduates -- many of who cannot find jobs -- in high monthly payments. It's even affecting how and when people buy a house, often a rite of passage and sign of a healthy economy. 

But most people's eyes glaze over when you talk student loan debt. The numbers are staggering -- roughly 1.2 trillion and counting -- but they're just that: numbers. 

Recently, reports have emerged that the debt crisis isn't so much a crisis. Maybe the sky isn't falling overall; that's a good thing, as we don't need another financial crisis. But pretending that ballooning debt doesn't affect students and graduates is equally head-in-the-sand.

This video from Paloma Izquierdo is a great visual representation of student debt's burden. It's 30 minutes long, but you only need to watch the first minute or two to get her point.